my appointment letter says i will be paid 14000/- as HRA or in lieu i can take company lease accomodation, in which case HRA will not be given. the lease agreement shall be between the owner & my company. now will i be able to take HRA tax benefit if i go for company lease under the given circumstances.my HRD people r saying that if i go for company lease accomodation i shall not get HRA tax benefit. but my logic says that since my money ie my HRA portionj of the salary is being deducted & paid to the owner, i should be eligible for HRA tax benefit. pls provide relevant sections of income tax rules etc for me to take up this issue with my employer. there r 100s of colleagues of mine who will benefir from this.
