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)
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.....................
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 Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- TDS on property - Form 141 query
- Type of Capital Gain
- Gst on travel by air for business purposes
- Taxability of credit in canara bank ET & T section (NRO)
- Loss of interest in PF transfer from EPFO to Trust
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Residential status of non resident
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
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
