banner_ad

House Rent Allowance

This query is : Resolved 

03 August 2007 What are the conditions that are considered while calculating the exemption u/s 10 for the house Rent allowance

03 August 2007 Refer Sec.10(13A) of IT Act, 1961

04 August 2007 FOr exemption under Sec. 10(13A) and refering to Rule 2A the least of the following is exempted:
Actually HRA recieed,
Rent paid - 10% of salary
On basis of the city resided 50% or 405 of the salary.

50% in Mumbia, Calautta, Delhi, Madras
40% in other cities

Salary for the purpose shall be Basic + DA + Commision (as a % of sales).


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details