14 March 2008
X is an employee of AB ltd whose salary structure is as follows: 1). basic and allowances Rs. 30 lakhs p.a. 2). Perks Rs. 18 Lakhs p.a.
Query: a). What is the best salary structure to minimise the tax liablity? b). whether the assessee "X" is benefited by claiming HRA or Rent free accommodation? please Urgent.
CAclubindia
