banner_ad

SALARY TDS WORKING

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 August 2010 SALARY BIFERCATION IS AS UNDER PER MONTH
BASIS 20000
HRA 10000
MEDICAL 5000
LTA 7000
CONVEYANCE 1000
TOTAL 43000

IN EVERY MONTH PAYING RENT CHEQUE FOR RS.7000/- IN EMPLOYEES NAME.
CAN WE CONSIDER AS A PERQUISITES?

EMPLYEE PAID RENT TO OWNER OF HOUSE AND HE PROVIDING US RENT RECEIPT IN HIS FAVOUR RS.7000/-(RECD FROM OWNER OF HOUSE )
CAN THIS EMPLOYEE GET EXEMPTION U/S 10 AGAINST HRA? & HOW MUCH AMT?
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
03 August 2010 If company paying rent apart from the HRA the total HRA will be taxable and valuation of rent free accomdation perquisites need to be valued as per valuation rules

If the employer not paying rent Emplyee paying the rent and producing the rent receipt against HRA , then HRA exemption can be taken, in such case the HRA exemption will be Rs.5000 per month (both Metro and non metro case)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details