Exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2014
i have form 16 in that total salary was 204610(inclusive hra 26536) and RS/ 461 is tax amount.
i m paying rent 3200 rS for every month.
cam i claim exemption for rent paid (3000*12=36000)
i m paying rent 3200 rS for every month.
cam i claim exemption for rent paid (3000*12=36000)
Rupesh Jain
(Expert)
30 June 2014
if in your form 16 salary HRA deduction is not given then you can calim when you file the return.
exemption as follows:
excess rent paid from 10% of salary
40%/50% of salary
HRA received
whichever is less will exempt from HRA amount.
exemption as follows:
excess rent paid from 10% of salary
40%/50% of salary
HRA received
whichever is less will exempt from HRA amount.
30 June 2014
refer sec 10 (13A) in this case.....................
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