Valuation of perquisites for rent free accomodation

This query is : Resolved 

06 February 2013 Ours is Private limited Company having the employee on contract basis. The compnay has provided rent free accomodation to said employee. Kindly guide us whether same rules are applicable to such contract employee as are applicable to regular employee. The company is not deducting Provident fund as the same is not applicable

06 February 2013 Merely PF is not a deciding factor. If the contract employee is paid Salary than Perquisite for RFH is taxable.


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