Hra to director

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abhi jain

abhi jain (Querist)
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29 January 2015 IS DIRECTOR CAN ABLE TO GET THE HRA DEDUCTION.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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29 January 2015 yes but should fulfill requirments of sec 10(13A)

abhi jain

abhi jain (Querist)
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29 January 2015 ACTUALLY OUR CLIENT AND HIS SON HAVE TWO BUSINESS, FATHER WORKS AS A DIRECTOR IN HIS SON BUSINESS SAME SON WORKS IN FATHER'S BUSINESS, THEY BOTH GET HRA FROM BUSINESS, ALSO THEY PAY RENT TO EACH OTHER ONLY,
IS THEY ABLE TO GET EXEMPTION?

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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29 January 2015 works in the sense is there employee - employer relationship? if yes then allowed

abhi jain

abhi jain (Querist)
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29 January 2015 ACTUALLY THEY ARE DIRECTOR IN EACH OTHER BUSINESS

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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29 January 2015 http://taxguru.in/income-tax/deduction-under-section-1013a-for-house-rent-allowance.html

http://taxguru.in/income-tax/house-rent-allowance-hra-taxability-and-workingcalculation-of-taxable-hra.html

http://taxguru.in/tag/hra/