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Rent free accomodation

This query is : Resolved 
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(Querist)
22 January 2013 Ours is Charitable Trust. We are providing Rent free Accommodation to our staff which are required on duty round the clock or to say, any time like drivers, cooks, watchman, some accountants etc.

We are not charging them any rent for the Premises but we are deducting their House Rent Allowance. Will this Accommodation be treated as Rent Free Accommodation. If yes, what will be the amount of perquisites to be added to their salary? (HRA is Rs. 1000 per month)
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
26 January 2013 If they are not paying any rent, then HRA is taxable to them.
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HRA is not deducted, as it is an allowance , it is given to the employees.
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Perquisite for rent free house is a taxable perquisite depending upon the population of the city. You may show the amount deducted as received towards rent.
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