Concessional rent and hra

This query is : Resolved

Sandeep Kumar Sahu (Querist)
Follow

29 August 2019 Employer provided company owned accommodation to it's employees and recovered license fee from them. But the employer does not give HRA to the said employees which is 24% of the salary. In this scenario whether the accommodation shall be charged as perquisite in the hand of the employees.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

29 August 2019 Yes, the accommodation shall be charged as perquisite in the hand of the employees.

Sandeep Kumar Sahu

Sandeep Kumar Sahu (Querist)
Follow

29 August 2019 But IT Department of Bangalore has issued a reply to a PSU that if Employees are not getting HRA and charged with standard rent fixed by the PSU then the perquisite is not taxable. It is the case of HMT.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

29 August 2019 In our PSU NLC India ltd tax on such perks paid by the company.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA K GIRIDHAR

shubham agrawal

T E SOUNDARARAJAN

Krishnan V

Sivanath VV

Subscribe Now

Concessional rent and hra

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Senior Executive

CA Final

Accountant

GST CONSULTANT

Manager- Finance and Compliance