Hra deduction in income tax
This query is : Resolved
25 June 2013
I have submitted all the details of my salary savings and HRA receipt paid @4500/month,while i got HRA Rs.25404 during the year 2012-13.I claimed HRA exemption of Rs.25404.But my emploer did not consider my HRA exemption.What are the rules about this to get such exemption? what documents should I submit?Can I get income tax refund claiming HRA exemption?Last year my department considered the exemption.please tell me what I can do?
25 June 2013
HRA exemption has the calculation as per sec.10(13A) that is least of the following is allowed as exemption
1. Actual HRA received
2. 40% of Basic Salary (50% in case of metros)
3. Rent paid less 10% of basic salary
Accordingly you can calculate the same
1. Actual HRA received
2. 40% of Basic Salary (50% in case of metros)
3. Rent paid less 10% of basic salary
Accordingly you can calculate the same
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
- TDS on Consultancy- Non DTAA
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- Condonation . E-Verification of last year return .
- Eway bill generation from place other than registeted
- TDS Return Q1 FY 2026-27
- Rental income gst and it purpose
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- EPF FULL & FINAL RULES IN 2026
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
CAclubindia
