Liability of employer
This query is : Resolved
01 April 2009
Respected Seniors,
What will be the result if Tds deducted is not accurate or according to the law?
e.g. If HRA exemption u/s 10 (13A)is given to an employee for a rented house in other state while he is living in his own house at the place of present posting. He has a loan for that house & also availing deduction u/s 24 (b).
The Emploee is posted at X city. He has his own house in that city. But he wants exemption u/s 10(13A) for a rented house in city Y because his family lives there.
But as per sec. 10(13A) he can not claim exemption if he is not living in that house. Am I right.
What will be the result if Tds deducted is not accurate or according to the law?
e.g. If HRA exemption u/s 10 (13A)is given to an employee for a rented house in other state while he is living in his own house at the place of present posting. He has a loan for that house & also availing deduction u/s 24 (b).
The Emploee is posted at X city. He has his own house in that city. But he wants exemption u/s 10(13A) for a rented house in city Y because his family lives there.
But as per sec. 10(13A) he can not claim exemption if he is not living in that house. Am I right.
01 April 2009
Dear Ashwini,
Employee can do so, can't understand where the problem is.
Employee can do so, can't understand where the problem is.
01 April 2009
Pl check up, if reference to the following link helps you
https://www.thehindubusinessline.com/mentor/2008/11/10/stories/2008111050490700.htm
https://www.thehindubusinessline.com/mentor/2008/11/10/stories/2008111050490700.htm
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