12 December 2013
HRA not exempt and also 7.5% to 15% of salary will be include in your salalry for rent free house. population on 2001 if 25 lakh than 15% 10-25laks than 10% any other 7.5% on salalry for the period when you have house.
12 December 2013
HRA (SEC - 10(13A) AND RULE 2A) EXEMPTION SHALL BE MINIMUM OF THE FOLLOWING 1) ALLOWANCE RECEIVED 2) RENT PAID IN EXCESS OF 10% OF SALARY 3)40 % OF SALARY
WHICH EVER IS LESS
MR. X IS NOT PAYING RENT HOW CAN U TAKE EXEMPTION.
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