Tax Query

Parmod Agarwal (Assistant Manager) (394 Points)

03 February 2010

Dear All,

Our company is paying HRA and allow Rent free Accomodation to an employee. As per Rent Free Accomodation

Calculation All Type of Taxable Allowances are included in it. My query is that Whether HRA is also included in the

Claculation of UFA?

Thanks

Parmod

Reply
Follow
Share

2 Replies

Amir (Learner) (4016 Points)
Replied 03 February 2010

Dear Pramod,

How can a company pay HRA as well as provide UFA to same emplyee???

Buddy, i have not seen/heard this thing before..

But if at all it is happening then I think no option but to include taxable portion of HRA in computation of UFA.

C.Balaji (Learner) (1867 Points)
Replied 03 February 2010

Mr.Pramod Agarwal..

I do agree with Mr.Amir

i don't think HRA and RFA both will be provided to a same employee??? hmmmm doubt....

But whatever it be... the act says all taxable allowances...which means here HRA will be fully taxable since the employee will not pay any rent.....

Start a New Discussion