Self Lease and Double Taxation

Dear friend!

In cases of such self leases made by employees to their employers;

the quantum of HRA or lease amount paid or by any other name provided for such residence, the same should be considered for the purpose of valuation of perquisite for providing housing accommodation and again as income under the head 'house property'.

He would however be entilted to all other deductions available under the head 'house property' subject to his fulfilling the relevant eligibility norms.

Do post your response!

Good Bye! Cheers!!