banner_ad

HRA CAlculation for Tax benifit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 April 2010 Dear Sir,

Plz give the calculation for exemption for Metro and Non Metro Cities.

Thanks & Regards,
Raghav
Profile Image

Rahul Gupta

Profile Image

Rahul Gupta (Expert)
03 April 2010 HRA is exempted to the minimum of the following amount >
1. The actual Rent Paid
2. Excess of Rent paid over 10% of Basic salary.
3. 50% of Basic Salary for Metro Cities. In case of non metro cities 40% of basic salary.
Profile Image

kartik_somu

Profile Image

kartik_somu (Expert)
04 April 2010 agree with experts
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
04 April 2010 agreed
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
04 April 2010 Agreed
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
05 April 2010 agreed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details