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
Anurag Pathak Changed status to publish April 10, 2023
Ans – c)
Explanation:-
The rent paid by the employer to an employee for his residence is part of the compensation of the employee
Anurag Pathak Changed status to publish April 10, 2023