Question

Rent Free Accommodation

05 Oct 2025
Answer :
Word Count : 400
Rent-free accommodation is a type of perquisite provided by an employer to an employee under the Income Tax Act, 1961. It refers to a residential accommodation provided by the employer to the employee either free of cost or at a concessional rate. The value of such accommodation is treated as part of the employee’s taxable salary income because it represents a benefit arising from employment. The ___ ______ _____ _________ ____ _________ ____ ____ _______.
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