I have been provided single room bachelor shared accommodation by my company in a 3 BHK flat. The flat was shared by 3 employees and the total area of the flat is 1800 Sq.ft. Company is paying rent to the Lessor @ Rs.8.50/Sq.ft. The total rent of the flat is Rs.15000. My company is loading 60,000 as housing perks (Annual rent of Rs.180000 / 3) in taxable income and tax is being deducted according to the slabs.
I heard that the hiring charges of common areas (i.e.drawing, dining, kitchen) shall not be considered for the purpose housing perks. For the purpose of computation of housing perks, hiring charges of the room shall only be considered for loading. I would like to know that Rule provision in this regard.