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
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
only basic rent
Dear Amit,
Thanks. Just would like to know whether there is any circular, notification to that effect.If yes, please send it to me.
Best Regards
K.Ganesh
CAclubindia
