Hra calculation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2017 Sir

I want to calculate computation of income form salary. i have a doubt in HRA calculation. Bengaluru is metropolitan city or not?

Amol S Joglekar

Amol S Joglekar (Expert)
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23 June 2017 Bengaluru is NOT metropolitan city for the calculation of HRA exemption. (40% of salary will be the third criteria for calculating exemption)

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2017 Thank U sir and another question is Other allowances is Taxable or exempt to income tax?

Amol S Joglekar

Amol S Joglekar (Expert)
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23 June 2017 allowances are taxable unless otherwise exempt u/s 10.

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Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2017 Thanks for sir......your quick reply

Amol S Joglekar

Amol S Joglekar (Expert)
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23 June 2017 you are most welcome

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