salary perqusites

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

29 March 2010 Is the guest house maintained by a company falls in the definition of Hotel as defined under new Perquisities rules dated 18th dec'09? The definition is as below:

Hotel includes an accommodation licensed by local authority to provide for boarding and lodging like a motel, service apartment or guest houses.

I shall be grateful If the clarification is provided at the earliest before 31st march2010.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

29 March 2010 Your query is not clear.you are trying to ask the accomodation valuation?

Querist : Anonymous

Querist : Anonymous (Querist)

29 March 2010 Dear Ramesh, thanks for your interest in resolving my problem.yes I am asking the accomodation value.

to rephrase my question :
whether Company guest house is covered under the definition of hotel as prescribed under explanation 10 (ii) of the new perks rules notified on 18.12.09? The definition of hotel is

(iii) hotel includes licensed accommodation in the nature of motel, service apartment or guest house;

My feel is that here a guest house licenced by local authority is covered & not the guest house which is maintained by a company for its business purposes.note the word "Licenced" is the key word.

Vishnu Saboo

Vishnu Saboo (Expert)
Follow

30 March 2010 If company is providing you any accomadation free of charge or concessional rate, whether in form of house or guest house, must be trated as your perk.

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2010 Thanks Arun, The case is that the employee has been transfered to another place & staying in cos guest house.

If it is to treated as perk than under what rule as present rule 3 covers only hotel or accomodation licenced by local authority such as guest house, motel etc.

what should be valuation of such perk?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Hanuma Yanduri

Jai Solanki

George Innocent

Ravikumar

sandhya.v

Subscribe Now

salary perqusites

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

GST CONSULTANT

CA Final

Senior Executive

Manager- Finance and Compliance

Accountant