ISLAMABAD, Oct 22: The Central Board of Revenue has clarified rules regarding the levy of income tax on employees living in a single multi-storey building or two portion of a house.

An official announcement on Saturday clarified that in cases of two portions or multi-storey building, the covered area occupied by each occupant shall be taken into consideration for the purposes of valuation for accommodation in terms of Rule 9(4) of the Income Tax Rules 2002.

It has been brought to the notice of the CBR that Rule 9(4) of the Income Tax Rules 2002 is ambiguous in cases where the accommodation, the areas as mentioned in the said rule, has two portions or is a multi-storey building occupied by different employees.