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Question relating to salaried employee

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(Querist)
19 February 2014 If assesses as an salary employee and he received the maintenance of his flat from his employer. So, maintenance allowance received by employee is taxable or exempt? Flat is owned by employee. Can he get exemption?
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CA Parul Saxena

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CA Parul Saxena (Expert)
19 February 2014 Yes every perquisite is taxable as salary received.
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Anand Eriwal

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Anand Eriwal (Expert)
19 February 2014 It is not perquisite . It is an allowance... And yes it is taxable.....




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