29 August 2019
Employer provided company owned accommodation to it's employees and recovered license fee from them. But the employer does not give HRA to the said employees which is 24% of the salary. In this scenario whether the accommodation shall be charged as perquisite in the hand of the employees.
29 August 2019
But IT Department of Bangalore has issued a reply to a PSU that if Employees are not getting HRA and charged with standard rent fixed by the PSU then the perquisite is not taxable. It is the case of HMT.
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