While calculation of perquisite u/s 17(2) when we calculate the value of rent free accomodation then how can we say the accomodation is furnished or not .
CA Mohit Agrawal (Chartered Accountant) (371 Points)
21 September 2009While calculation of perquisite u/s 17(2) when we calculate the value of rent free accomodation then how can we say the accomodation is furnished or not .
PULKIT KAPOOR
(CA )
(74 Points)
Replied 21 September 2009
Hi Mohit,
Well it would be mentioned in the question whether it is furnished or not....if not given treat it as an unfurnished accomodation