Neha sharma (-) (1257 Points)
05 January 2014A person is getting benefit of Self Lease wherin he has rented his own accomodation to the employer and the employer pays rent on behalf of the employee and the employee resides in this house.
What is the tax treatment in this case:-
1. Would this be considered as a perquisite?
2. Would the amount paid as Rent be considered as HRA?
3. Would the amount received as Rent be taxable under head Salary or House Property?
Aditya Saha
(huu)
(29 Points)
Replied 05 January 2014
It will be considered as Perquisites u/s 17(2), because as the question nowhere says that the employee is receiving HRA. If the employee had received HRA then it would have necessarily been mentioned on the Agreement between employer and employee.
In the Second part the Lessor i.e. the employee will be taxed u/s 22 i.e. Income from House property.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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