Rent from employees
This query is : Resolved
04 October 2014
A MANUFACTURING CO. PROVIDES FLATS TO ITS EMPLOYEES ON MONTHLY RENT BASIS.......IN WHICH HEAD THIS RENT WILL BE TAXABLE.....HP OR PGBP...(Provided that flats are provided to that emp. which are directly related to the business of the co.)
04 October 2014
Depreciation will be claimed on the flats. The rent will be taxable under PGBP.
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