HRA when Rent free accomodation is provided
This query is : Resolved
28 November 2008
Dear Sir/s
If the employer has provided Rent Free Accommodation (RFA) to en employee and the employees family is staying in a rented accommodation in different city in the same State owing to education of Kids or locational facilities.
1) The Employee can claim HRA exemption even though he has been provided RFA by his employer.
2) While adding Perquisite towards RFA, the employer should consider HRA exemption.
Please clarify.
Thanks.
If the employer has provided Rent Free Accommodation (RFA) to en employee and the employees family is staying in a rented accommodation in different city in the same State owing to education of Kids or locational facilities.
1) The Employee can claim HRA exemption even though he has been provided RFA by his employer.
2) While adding Perquisite towards RFA, the employer should consider HRA exemption.
Please clarify.
Thanks.
28 November 2008
In my opinion, It cann't be possible.
04 May 2011
Living in the house does not matter (In case of RFA).
The company provided accommodation is taxable as a perquisite even if you do not actually occupy it and the same is taxable.
However in case of HRA, you must stay in the rented house for which you pay the rent.
The company provided accommodation is taxable as a perquisite even if you do not actually occupy it and the same is taxable.
However in case of HRA, you must stay in the rented house for which you pay the rent.
Message likes :
1 times
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Bank details not Visible on Traces Portal
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Cash balance limit and property purchases limit
- TDS ON EMAIL DOMAIN SERVICE BILL
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- NRI starting business in India
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
