employer is central government and providing rent Free Accomodation to employees.
CG (employer) doesn't own the house and therefore CG (employer) deducts TDS u/s 194-I on rent payment to landlord.
now the question is, whether this Rent free accomodation is taxable in the hands of employees? as CG (employer) has already deducted TDS on rent payment.
if yes, then isn't it attract double taxation on single rent income??
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Rent Free Accomodation by CG
Replies (4)
Quick Summary
It is not taxable (in general sense)...if it's shown as a perquisite in form 16 then it's taxable
@ Shivani,
CG paid rent to LANDLORD...
TDS deducted on rent by CG...
My Doubt is ;
Where is come employee in this transaction...??!
CG paid rent to LANDLORD...
TDS deducted on rent by CG...
My Doubt is ;
Where is come employee in this transaction...??!
That is a portion. of perquisites...
But since values had not been posted.We cannot arrive at any consensus.
But since values had not been posted.We cannot arrive at any consensus.
| Originally posted by : sabyasachi mukherjee | ||
 |
That is a portion. of perquisites...But since values had not been posted.We cannot arrive at any consensus. |  |
Iyyo raamaa...
Thayavu seythu amaithiyaa irunka iyyaa...
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