How the income tax exemption is calculated on sec10(13a0
This query is : Resolved
15 November 2012
house rent allowance is part of salry package.and the rent paid by slaried employee exceeds 10% of his salary,
the exemption of house rent allowance is computed onthe follwing
actual hra reced,50%/ 40 %of the salary of th salary of the residing place
rent paid inexcess of salary . our doubt is slary includs basic salry plus da or basic alone inthe calculation salary
the exemption of house rent allowance is computed onthe follwing
actual hra reced,50%/ 40 %of the salary of th salary of the residing place
rent paid inexcess of salary . our doubt is slary includs basic salry plus da or basic alone inthe calculation salary
15 November 2012
FRIEND FOR CALCULATION OF SALARY FOR HRA
BASIC SALARY+DA(IF FORMING PART OF RETIREMENT BENEFITS)
MEANS ONLY THAT PART OF DA WHICH IS FORMING PART OF RETIREMENT
BASIC SALARY+DA(IF FORMING PART OF RETIREMENT BENEFITS)
MEANS ONLY THAT PART OF DA WHICH IS FORMING PART OF RETIREMENT
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Change Of Karta In Case of Death
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
Quick Links
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
