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Hra to director

This query is : Resolved 

29 January 2015 IS DIRECTOR CAN ABLE TO GET THE HRA DEDUCTION.

29 January 2015 yes but should fulfill requirments of sec 10(13A)

29 January 2015 ACTUALLY OUR CLIENT AND HIS SON HAVE TWO BUSINESS, FATHER WORKS AS A DIRECTOR IN HIS SON BUSINESS SAME SON WORKS IN FATHER'S BUSINESS, THEY BOTH GET HRA FROM BUSINESS, ALSO THEY PAY RENT TO EACH OTHER ONLY,
IS THEY ABLE TO GET EXEMPTION?




29 January 2015 works in the sense is there employee - employer relationship? if yes then allowed

29 January 2015 ACTUALLY THEY ARE DIRECTOR IN EACH OTHER BUSINESS

29 January 2015 http://taxguru.in/income-tax/deduction-under-section-1013a-for-house-rent-allowance.html

http://taxguru.in/income-tax/house-rent-allowance-hra-taxability-and-workingcalculation-of-taxable-hra.html

http://taxguru.in/tag/hra/



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