Cla v/s hra
This query is : Resolved
Timir Palan
(Querist)
07 February 2013
I am unable to figure out which one is the best option:- whether to go for company house lease or HRA
Basic Pay 65000 p.m.
Rent paid 32000 p.m.
Perk (If opted for CLA) 2.7 Lacs p.a.
Tax bracket - 30%
Can anyone help me out with this
Basic Pay 65000 p.m.
Rent paid 32000 p.m.
Perk (If opted for CLA) 2.7 Lacs p.a.
Tax bracket - 30%
Can anyone help me out with this
07 February 2013
Hey,
Go for HRA, is benefical to you..
Suppose your HRA is 40% 0f Basic = Rs.26,000 pm. & Rs. 3,12,000/- will be annual..
Of which Taxable HRA comes to Rs. 500 pm, Rs. 6000 pm.
So you will be getting exempt income of Rs. 3,06,000/-
Thanks!!
Go for HRA, is benefical to you..
Suppose your HRA is 40% 0f Basic = Rs.26,000 pm. & Rs. 3,12,000/- will be annual..
Of which Taxable HRA comes to Rs. 500 pm, Rs. 6000 pm.
So you will be getting exempt income of Rs. 3,06,000/-
Thanks!!
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- GST input credit on commercial property
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
