Hi guys 👋 in this blog let's see about rental accommodation and concessional accommodation. 
💡Where an employer provides accommodation facility to employees either free of cost or at concessional rental it is treated as perquisite.
💡 the accommodation provided may either be owned by the employer or employer takes it on lease and provides to the employee
💡 where accommodation is owned by the employer the perque site valuation is as followed by population of the place where accommodation is provided if less than 10 lakh people it is considered as the value of 7.5 percentage of salary if more than 10 lakh but less than 25 lakh then it is considered as the value of 10% of salary if more than 25 lakh of people then it is considered as the value of 15% of salary
💡 where the employer takes the accommodation only and provide the accommodation to the employee perquisite value accommodation is provided for less than 15 days it is provider on transfer of employee from one place to another if total accommodation is provided for more than 15 days perception exempt for first 15 day
💡where on account office transfer from one place to another the employee is provided with a accommodation at the new place of posting while retaining the accommodation at the other place value of shall be determined with reference to only once a accommodation which has the lower value for a period not exceeding 90 days and their after the value of it shall be charged for both accommodation according to above mention the rules
💡 in case of Government employees it value will be area occupied multiplied by Value specified where it is also furnished by the employer then the value of furnishing will be 10% of cost of furniture + higher charges paid
💡 where and employer detect rent from the salary of employee then it is known as concessional accommodation the amount so recovered will be allowed as education while computing value 
💡Any expenditure which is in the normal course should have been expanded by the employees is actually spend by the employer then it becomes actual amount spend will be treated as perquisite value
💡 personal life insurance of employees paid by the employer gas water electric city bill of employee paid by the employer personal credit card expenses including renewal fees spend by the employer personal club expenses cook Watchmen gardener for employee president provided by employer however telephone's mobile and internal expensive sim card by employer shell not be treated by perquisite. 
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