perks

15% of salary means 15% of salary in respect of the period during the which the accomodation is occupied by the employee.It means take pro-rata salary i.e. salary only for the period of accomodation and not the whole salary.

Here salary includes:-

1.Pay (basic pay)

2.Dearness allowance considered for calculating retirement benefilts

3.Taxable allowances

4.Bonus/commission

5.Other monetary payments (not being perquisites)

But salary excludes:-

1.Arrears of salary/salary in advance

2.Dearness allowance not considered for retirement benefits

3.Allowances exempt from tax

4.Employer's contribution to P.F.

5.Non-monetary benefits or perquisites under sec 17(2)

Agree with Fatema

I Also Agree with Fatima

I Agree with Fatema.

fatema mam is right