House rent exemption

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 December 2012 Hi,
I work in a Pvt Ltd company.
Salary Break up as follows:
1.Basic
2. House rent allownce
3.Special Allowance

My question is
if I calculate house rent exemtion as I live in rented house I have seen that it depends upon 3 factors:
a)Rentpaid-10% of salary applicable for me.

Here 'salary' means only the basic I receive or it will be (Basic+special allowance)?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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07 December 2012 Salary for the purpose of computing HRA means basic salary + DA

@VaibhavJ

@VaibhavJ (Expert)
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07 December 2012 Hi

Which state you belong to & also is PF is deducted on your spl allowance component by your co.?

Thanks//Vaibhav

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