17 December 2013
i have got self lease of my house i.e employer is paying rent to me for my house.i am not drawing HRA. what is treatment of self lease for the purpose of income tax,whether i have to show income from house property only or i have to show income from house property and perquisites for rent free accommodation both.
18 December 2013
Self lease is treated as House Property income as well as considered for perquisite @15% or 7.5% of salary depending upon place of lease.
CAclubindia
