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Discussion > Income Tax > Tax queries >

Hra

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Employee

[ Scorecard : 28]
Posted On 29 June 2012 at 12:39 Report Abuse

Whether the service tax paid with rent is to be considered as a part of  RENT PAID for the purpose of calculation of HRA examption?



CA.Varalakshmi.M
Manager-Finance

[ Scorecard : 475]
Posted On 29 June 2012 at 12:44

In my view, for HRA calculation we consider only actual rent paid with out including service tax

 

Lets see other comments.




Abhay Jain
Internal Auditor

[ Scorecard : 43]
Posted On 30 June 2012 at 11:50

Service tax shall be included in rent paid because we are not taking credit of service tax . Therefore whole expendtiure including service tax shall be considered for calculation for HRA.



*Siddharth Bumb*
B.Com CA Final CS Professional

[ Scorecard : 3405]
Posted On 30 June 2012 at 12:05

Originally posted by : Abhay Jain

Service tax shall be included in rent paid because we are not taking credit of service tax . Therefore whole expendtiure including service tax shall be considered for calculation for HRA.



S Gupta
Finance Manager

[ Scorecard : 92]
Posted On 30 June 2012 at 12:16

I agree with above comments.  If you are taking the input credit of service tax, then you should exclude the service from rent, other wise you shall be included the service tax in rent.


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