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Using the data given in illustration 13, compute the value of the perquisite if ABC Ltd. has taken this accommodation on a lease rent of

Using the data given in illustration 13, compute the value of the perquisite if ABC Ltd. has taken this accommodation on a lease rent of 1,200 p.m. and Mr. C is required to pay a rent of 1,000 p.m. to the company, for the use of this accommodation

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