https://www.taxtmi.com/tmi_notes?id=94 Example:- X, a director-employee of a private sector company based at Indore (population: 24Lakhs), draws 90,000 p.m. as basic salary. Other allowances and benefits attached to his office are: DA (forming part of Salary): 20% of basic salary; bonus: 30% of basic salary; commission: 800 p.m. and rent free house (lease rent paid by the employer: 40,000 p.m.) Determine the value of perquisite. en-us Mon, 10 Aug 2015 16:59:00 +0530 Mon, 10 Aug 2015 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/tmi_notes?id=94 Example:- X, a director-employee of a private sector company based at Indore (population: 24Lakhs), draws 90,000 p.m. as basic salary. Other allowances and benefits attached to his office are: DA (forming part of Salary): 20% of basic salary; bonus: 30% of basic salary; commission: 800 p.m. and rent free house (lease rent paid by the employer: 40,000 p.m.) Determine the value of perquisite. Notes Income Tax Mon, 10 Aug 2015 16:59:00 +0530 https://www.taxtmi.com/tmi_notes?id=94