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nsn PROBLEM 11 15 Compute the value of benefit of house for each station separately from particulars given below: (a) Salary RX 5.000 pm. Salary
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PROBLEM 11 15 Compute the value of benefit of house for each station separately from particulars given below: (a) Salary RX 5.000 pm. Salary is due on last day of every month/ (b) DA @ 100% of salary (c) Bonus (1) Statutory 10,000 and (m) Gratuitious 10,000 (d) Conveyance allowance R100 pm (e) Entertainment allowance 2500 pm c) Arrears of salary for the previous year 2010-11 6.000 (e) Cost of furnishing is 25.000 and a lured air-conditioner is provided for 6 months every year and rent paid in respect of such air conditioner i 1.000 m. Situation (0) Employee sa Govt . employee anul rental value of the house is 400 pm Situation (1) Employee is working with Punjab Government ar Chandigarh (Population below 10 lakhs). The Government owns house and its Fair Rental value is 9,000 pa The house was provided to him from 1.5.2011. Situation (m) Employee is working in a Public Lid Companyar Delhi (Population above 25 lakhs) and rent paid by company is 48,000 pa. Employee pays ? 250 pm as rentStep by Step Solution
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