Tax Query

Tax queries 315 views 2 replies

Dear All,

Our Company are giving HRA to all employees. Out of them some employees are living in  Leased  House. Leased Rent are paid by the company and company has deducted Rs. 1,000/- as rent from the employees. My query is that can we treat   both benefit as a Income of the Employees.

 

Please clarify the same.

 

Thanks

Parmod

Replies (2)

yes both have to be treated as income of the employees

ya but rs.1000/- as paid by employees will be reduced from income considered.


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