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What do mean by perquisites in income tAx |
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Answer» Explanation: PERQUISITE” may be defined as any casual emolument or BENEFIT attached to an office or position in addition to SALARY or wages. “Perquisite” is defined in the section 17(2) of the Income tax Act as including: (i) Value of rent-free/concessional rent ACCOMMODATION provided by the employerbrainliest please |
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