03-04-2010, 02:06 AM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
It mean if the Rent amount is paid to the (A)landlord it will be consider Income from Property & if the the rent is not paying then fair market value of rent will be determined & added to the head SALARY.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
No Dear, You could not understand my last post probably, I would request you to go through the same again.
Rent paid to landlord will be treated as landlordâs property income on the one hand and it will also be treated as a perquisite from employer to employee (i.e. landlord) and accordingly will be added to the salary income of that employee (Landlord).
Let me know, if it requires further clarification.
Regards,
It mean if the Rent amount is paid to the (A)landlord it will be consider Income from Property & if the the rent is not paying then fair market value of rent will be determined & added to the head SALARY.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
No Dear, You could not understand my last post probably, I would request you to go through the same again.
Rent paid to landlord will be treated as landlordâs property income on the one hand and it will also be treated as a perquisite from employer to employee (i.e. landlord) and accordingly will be added to the salary income of that employee (Landlord).
Let me know, if it requires further clarification.
Regards,
