Rupesh Maheshwari (ACA, Dip. IFR (ACCA)) (6166 Points)
10 November 2008will the taxable portion of gratuity,commuted pension leave salary to be cosidered for computing salary for rent free accomodation??????
Emplyers contribution to RPF is not considered 4Rent free accomodation but will the interest on same has to be considered?????
Plz Explain
Thanks
Rupesh Maheshwari
(ACA, Dip. IFR (ACCA))
(6166 Points)
Replied 10 November 2008
| Originally posted by :S.Srinivasaraghavan | ||
| " | Yes. | " |
will the taxable portionof interest credited to RPF has to be considered for calculating salary for rent free accomodation
C.A. M.Com. Suhas A. Nagpure
(CA)
(1175 Points)
Replied 10 November 2008
Sai krishna Medikonda
(CA)
(187 Points)
Replied 10 November 2008
| No, For the purpose of rent free accommadation Retirement benefits will not be considered as Salary. | " | |
Rupesh Maheshwari
(ACA, Dip. IFR (ACCA))
(6166 Points)
Replied 13 November 2008
| Originally posted by :Sai krishna Medikonda | ||
| " | thank u very much sir No, For the purpose of rent free accommadation Retirement benefits will not be considered as Salary. " |
" |
CAclubindia
