07 October 2008
An employee is paid HRA 15165/- P.M . His house is on co. lease for which co. pays rent of Rs. 13200/-as per aggrement. P.M. which is recovered from employee. due to accomation provided by co. , employee can't claim HRA? can he take both benifit, HRA & accomodation provided by co.? if we not take the benifit of HRA then TDS amount IS higher. what is the treatment for TAX planning.
07 October 2008
You are saying that the company recovers the entire rent paid from the employee and pays HRA. There fore there is only one facility. More over HRA is more than the rent. So where is the question of Relief?
CAclubindia
