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Hra calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2017 Sir

I want to calculate computation of income form salary. i have a doubt in HRA calculation. Bengaluru is metropolitan city or not?
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Amol S Joglekar

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Amol S Joglekar (Expert)
23 June 2017 Bengaluru is NOT metropolitan city for the calculation of HRA exemption. (40% of salary will be the third criteria for calculating exemption)
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2017 Thank U sir and another question is Other allowances is Taxable or exempt to income tax?



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Amol S Joglekar

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Amol S Joglekar (Expert)
23 June 2017 allowances are taxable unless otherwise exempt u/s 10.
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2017 Thanks for sir......your quick reply
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Amol S Joglekar

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Amol S Joglekar (Expert)
23 June 2017 you are most welcome

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