Rent free accomadation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2012
if am getting the salary from two employeer and one is providing the RFA AND another is not providing then while calculating the 15% of salary (clause of the RFA) both the salary will come for the calculation.
CA CS Amit S. Kedia
(Expert)
19 July 2012
Yes...salary from all the employer will be considered for this purpose.
Read rule "3" perquisite valuation for salary's definition.
Read rule "3" perquisite valuation for salary's definition.
CA CS Amit S. Kedia
(Expert)
19 July 2012
According to Explanaton (vi)of rule "3" of income tax rules "salary" includes the pay, allowances, bonus or commission payable monthly or otherwise or any monetary payment, by whatever name called from one or more employers, as the case may be....
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