The employee is provided with furniture costing ₹ 1,50,000 along with house w.e.f. 1.7.2020. The value of the furniture to be included in the valuation of unfurnished house shall be:
A. ₹ 11,250
B. ₹ 15,000
C. ₹ 22,500
D. ₹ 16,875
Answer:A
The employee is provided with furniture costing ₹ 1,50,000 along with house w.e.f. 1.7.2020. The value of the furniture to be included in the valuation of unfurnished house shall be:
A. ₹ 11,250 B. ₹ 15,000 C. ₹ 22,500 D. ₹ 16,875