26 July 2013
A PSU EMPLOYEE GETTING RENT FREE ACCOMODATION VALUE OF PERQUSITE ADDED IN THE SALARY FOR RENT FREE ACCOMODATION. THE EMPLOYEE SUPPOSED TO MAINTAIN OFFICE AT THE RESIDENCE AND 1/3 OF THE RESIDENCE IS USED FOR THE OFFICE. CAN HE DEDUCT 1/3RD OUT OF THE VALUE OF PERQUSITE OF ACCOMODATION