HRA

This query is : Resolved 

26 March 2009 we are paying HRA to our employee and also provide rent free accomodationIN GUEST HOUSE , please advice we can charge prequision of accomodation OR NOT.

27 March 2009 HRA is fully taxable

Perquisite value of rent free accomodation in Guest House need to be computed and included

Besides tax angle, does any Company pay HRA and provide rent free accomodation in Guest House to one employee in the same month, If it is done, word "HRA" is not appropriate; better invent a new one



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