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Accountancy Forum The Profession Tax v
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Accommodation and House rent allowance

 
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Accommodation and House rent allowance
LapTop
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#4
02-15-2009, 05:03 PM
(Provided further that where <u><b><i>House Rent Allowance is admissible @ 30%</i></b></u>, the value taken for the purpose of this rule shall be an amount not less than 30% of minimum of the time scale of basic salary or the basic salary where there is no time scale.)
meaning of this Para is, where employer bound to pay House rent allowance not exceeding 30% (Some cases) , yani jahan employer paband hay k House rent allowance 30% say zayada nahi ada kary ga, agar employer 30% say zayada House rent employee ko day ga to ye 30% say zayada amount us ka inadmissible expense ho jaye ga, aysi sorat may agar employer Accomodation dayta hay to us ki value bhi wo 30% hi add kary ga employee ki Taxable salary may,,, ye 30% minimum of basic Time, scale ho ga or jahan time scale na ho to 30% of basic salary,
Umeed hay ab clear ho gya ho ga.
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Messages In This Thread
Accommodation and House rent allowance - by Hasaan - 02-10-2009, 06:40 PM
[No subject] - by LapTop - 02-14-2009, 10:43 PM
[No subject] - by Hasaan - 02-15-2009, 03:18 PM
[No subject] - by LapTop - 02-15-2009, 05:03 PM

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