1) My company has taken a house for me on rent to enable payment through company of my rent amount as demamded by my landlord. This arrangement is only to facilitate payment of rent through company instead of me paying it to landlord. The company on the other hand makes a deduction from my salary of the said rentals. Will this be treated as rent free accomodation at my end or can i claim deduction of rent paid from HRA. 2) I get sodexho meal vouchers of Rs 2000/- per month (5 working days per week). What is the taxable amount of such vouchers or is the entire amount tax free. Alok
1 Answers
Following amount would be taxable to you as salary income: Minimum of the actual amount of rent paid by your employer or 15% of salary.
As you are not paying rent, you cannot claim HRA deduction.
Sodexho vouchers are non taxable upto Rs 50 per meal. For an average 22 days working month, Rs 1100 (22x50) would be non taxable.
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