10 June 2019
Just an assumption. An employee currently working in Mumbai let out his own building located in Chennai for rent to his employer and receiving rent on monthly basis. Due to his transfer, he is moving now to chennai and the company gives the same property to him as RFA( Rent free accommodation) Now should he need to pay tax on salary- perks on RFA? Assume HE is PAYING TAX FOR HP rental income. Kindly clarify the tax treatment
10 June 2019
it is NOT paying tax twice. One is income from house property (Lease rental received) Another is income from salary (Rent free accommodation)