An employee takes a house on rent and pays the same to the landlord. The employer reimburses this amount. Such a payment by the employer is:
An employee takes a house on rent and pays the same to the landlord. The employer reimburses this amount. Such payment by the employer is:
a) Gift to the employee
b) Payment of rent to the employee
c) Compensation of employee
d) Transfer payment to the employee
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Ans – c)
Explanation:-
The rent paid by the employer to an employee for his residence is part of the compensation of the employee
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