If a company paying Rs. 1000/- pm as a Room Rent beside the monthly salary to their employees whose monthly salary is Rs. 15 K. In this case the same is treated as a salary or perqusite. If perqusite, is there any tax applicble?
If a company paying Rs. 1000/- pm as a Room Rent beside the monthly salary to their employees whose monthly salary is Rs. 15 K. In this case the same is treated as a salary or perqusite. If perqusite, is there any tax applicble?
YES IT WILL BE TREATED AS HRA AND TAXABLE SALARY. HOWEVER DEDUCTION CAN BE CLAIMED U/S 10(13A)
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
