Hra to director
This query is : Resolved
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?
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/
http://taxguru.in/income-tax/house-rent-allowance-hra-taxability-and-workingcalculation-of-taxable-hra.html
http://taxguru.in/tag/hra/
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Form 121 & TDS deduction
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Copyright software
- Regarding appeal to GSTAT
- Multiple trade mark
- Value of property in capital gain
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
