Perquisites

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2014 Dear Sir,

My query is whether rent paid by company on behalf of employee will be treated as perquisites in the hands of employee u/s. 17(2) (i) and (ii)?

@VaibhavJ

@VaibhavJ (Expert)
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18 January 2014 Hi

Yes it is taxable perq in the hand of an employee.

Thanks

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2014 Thanks Vaibhav.
What if company is also paying HRA to employee & Paying Rent to Third party on behalf of his employees? will your answer be same? i need to clarify that company is not owning house, it is paying rent to other party, will sec 17 (2) (i) be applicable for calculating perquisites??

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