Hra

This query is : Resolved

viyen azavedo (Querist)
Follow

04 October 2013 Sir my company pays me 10% of my basic as HRA ,and deducts 10% of my basic for living in accommodation provided in the office campus ,i am entitled for any benefit for any tax exemption ? my basic is 24000 /PM and i pay HRA of 2400/PM. Kindly email your views on my email id azavedoviyen@yahoo.com
Thank you.
Viyen Azavedo

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

04 October 2013 As your company deducting entire HRA paid to you as a accomadation expences..
.
.
and your company may consider this as HRA exemption from tax
.
.
So in my opinion there will be no implication of income tax on HRA component received by you

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok