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(Querist)
14 February 2014 if govt. has given a house to employee & has fized 500 p.m value of the house. it is taxable or exampt ?
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@VaibhavJ

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@VaibhavJ (Expert)
15 February 2014 HI

In this case you will be required to calculate perquisite as per Rent free accommodation.

Thx

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