RCM on House rent paid of Directors

14 September 2017

Is RCM applicable on rent paid for a director by the Co. It is 15000/pm.

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9 Replies

Poltu Ghosh (Job) (1865 Points)
Replied 14 September 2017

If the landlord is unregistered. Yes RCM applicable

1 Like

Abhishek Ajmera (68 Points)
Replied 14 September 2017

not applicable as it is cost to
company and it is a considerations paid to employee , it should b shown as perquisite

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 September 2017

Yes. RCM applicable.
If the landlord is URD then RCM applicable.
Landlord is register then RCM not applicable get taxable receipt or invoices...

Ajay Kumar (Account Supervisor) (129 Points)
Replied 15 September 2017

what if company hired a house for employee residential

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 September 2017

Originally posted by : Ajay Kumar
	what if company hired a house for employee residential

Can't applicable RCM for Residential purpose....

1 Like

Dibin Divyakumar (CA) (743 Points)
Replied 15 September 2017

RCM is applicable for employees Accommodation if rent is paid by the company to Unregistered owner.

Ajay Kumar (Account Supervisor) (129 Points)
Replied 15 September 2017

but residential dwelling is exempt

Pankaj Sanghotra (.) (13 Points)
Replied 15 September 2017

Thanx Raja PM G I think you are right

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 September 2017

You are most Welcome Dear Pankaj Sanghotra....
GOOD LUCK.... and GOOD NIGHT....

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