Dear All,
Please clarify whether house rent paid by an employee includes water tax,electricty charges , mcd tax etc or only the basic rent for the purpose of claiming exemption under Income Tax Act?
Thanks and regards
K.Ganesh
Ganesh (CA Practice ) (91 Points)
27 March 2008Dear All,
Please clarify whether house rent paid by an employee includes water tax,electricty charges , mcd tax etc or only the basic rent for the purpose of claiming exemption under Income Tax Act?
Thanks and regards
K.Ganesh
CA. Amit Daga
(Finance Controller CA. CS. CFA. CIFRS. M.COM. )
(9017 Points)
Replied 28 March 2008
only basic rent