Rent free accomodation
This query is : Resolved
ANIL KUMAR
(Querist)
26 July 2013
A PSU EMPLOYEE GETTING RENT FREE ACCOMODATION VALUE OF PERQUSITE ADDED IN THE SALARY FOR RENT FREE ACCOMODATION. THE EMPLOYEE SUPPOSED TO MAINTAIN OFFICE AT THE RESIDENCE AND 1/3 OF THE RESIDENCE IS USED FOR THE OFFICE. CAN HE DEDUCT 1/3RD OUT OF THE VALUE OF PERQUSITE OF ACCOMODATION
Rupesh Jain
(Expert)
26 July 2013
IF PSU DECLARE THAT THE EMPLOYEE ALSO USE IT AS OFFICE
THEN HE EMPLOYER WILL DEDUCTED VALUE ON PREQUISITE
THEN HE EMPLOYER WILL DEDUCTED VALUE ON PREQUISITE
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