Dear All,
Our company is paying HRA and allow Rent free Accomodation to an employee. As per Rent Free Accomodation
Calculation All Type of Taxable Allowances are included in it. My query is that Whether HRA is also included in the
Claculation of UFA?
Thanks
Parmod
Dear Pramod,
How can a company pay HRA as well as provide UFA to same emplyee???
Buddy, i have not seen/heard this thing before..
But if at all it is happening then I think no option but to include taxable portion of HRA in computation of UFA.
Mr.Pramod Agarwal..
I do agree with Mr.Amir
i don't think HRA and RFA both will be provided to a same employee??? hmmmm doubt....
But whatever it be... the act says all taxable allowances...which means here HRA will be fully taxable since the employee will not pay any rent.....
CAclubindia
