Mr. Sharma gets salary of Rs.40,000 p.m. and is provided with rent free unfurnished accommodation at

Mr. Sharma gets salary of Rs.40,000 p.m. and is provided with rent free unfurnished accommodation at Ludhiana ( population 20 lakhs) whose fair rental value is Rs.15,000 p.m. He gets leave encashment for the current previous year of RS.20, 000 during the year. His salary is due on 1st day of every month. Calculate the value of rent free accommodation and gross salary