Question: . . . Mr. Raj Anand is working as a marketing manager in a company in Mumbai. Particulars of hissalary for the assessment year 2012-13

. . . Mr. Raj Anand is working as a marketing

. . . Mr. Raj Anand is working as a marketing manager in a company in Mumbai. Particulars of hissalary for the assessment year 2012-13 are as follows: Basic salary + 15.000 p.m. Bonus-20%c of salary Conveyance allowance - 2,500 p.m. (80% spent on official duty) Entertainment allowance - 3,000 p.m. Employers contribution to recognized provident fund 15% of salary He has been provided with a house by the company for which a sum of 1.200 p.m. is educted from his salary. The company pays a rent of 76,000 p.m., for this house directly to the andlord. Compute the taxable value of concessional house to be included in the salary of Mr. Raj Anand

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