Illustration $2$

Mr$.$ Felix receives the following emoluments from a private limited company, during the previous year ending March $31,2023.$

Basic salary : $92,000$

Dearness allowance : $8,000(48\%$ includible for retirement benefits$)$

Special allowance : $20,000$

Income$-$tax paid on behalf of Mr$.$ Felix : $7,000$

Education allowance: $4,800($total allowance paid for $3$ children$)$

Mr$.$ Felix is a retired Government employee. Pension received from the Government is $3,070$ per month.

He has been provided a rent$-$free unfurnished house by the employer from September $1,2022.$

Find out the taxable value of perquisite for the financial year $2022-23$ under the following situations.

a$)$ House is owned by the employer in a town in which population is $9$ lakh;

b$)$ House is owned by the employer in a town in which population is $30$ lakh;

c$)$ House is taken on lease by the employer $($Lease rent $1,000$ per month$)$;

d$)$ House is taken on lease by the employer $($Lease rent $20,000$ per month$).$