. . a) Salary for the purpose of Rent free accommodation: Salary here means: Basic + Dearness allowance/pay (if it forms a part of retirement benefit) + Bonus Commission + Fees + All othe taxable allowances (only taxable amount) + Any other monetary payment by whatever name called (excludin perquisites and lump-sum payments received at the time of termination of service or superannuation or voluntar retirement, like gratuity, severance pay leave encashment, voluntary retrenchment benefits, commutation pension and similar payments) Taxpoint Salary shall be determined on due basis. Where an assessee is receiving salary from two or more employers, the aggregate salary for the period during which accommodation has been provided by any of the employer) shall be taken into account Monetary payments, which are not in the nature of perquisite, shall be taken into account. Eg. Leav encashment received during the continuation of service shall be included in salary for this purpose. Howeve if such pay leave is received at the time of retirement, then such receipt shall not be considered Here salary does not include employer's contribution to Provident Fund of the employee. b) Exemption of 90 days in case of two house allotment: Where an employee is transferred from one place to anothe and he is provided with an accommodation at new place also the value of perquisite shall be taken for only on such house having lower value for a period not exceeding 90 days. Thereafter the values of both such houses ar taxable. c) Any accommodation provided to an employee working at a mining site or an on-shore oil exploration site or project execution site or a dam site or a power generation site or an off-shore site, which being of a temporary nature and having plinth area not exceeding 800 sq.ft. is located not less than 8 km away from the local limits of any municipality or a cantonment board or is located in a remote area. d) Remote area here means an area located at least 40 KM away from a town having population not exceedin 20,000 as per latest published census. . a b ILLUSTRATION 15 f19 Mr. Chauhan has the following salary structure a) Basic Salary 5,000 p.m b) Entertainment Allowance c) Education Allowance 500 p.m. (he has three children) d) DA e) Fees *5,000 p.a. 1) Bonus g) Professional tax of employee paid by employer * 2,000 for the year * 1.000 pm 3,000 pm * 10.000 p.a. n) He has been provided a rent-free accommodation in Mumbai D 60% of DA only forms part of retirement benefits Compute taxable value of accommodation in the hands of Mr. Chauhan in the following cases. D) The employer owns such accommodation ID) The employer hires such accommodation at a monthly rent of 900