banner_ad

Hra exemption calculation on my salary income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 September 2018 i am a employee in pvt sector of tata groups with basic salary of 21503/= per month. I get 50% of basic salary as HRA from employer every month. I live in rental house and pay rs. 8,000/= p.m. to landlord as monthly rent. How much i will get tax exemption against rent paid to landlord for a financial year if i produce proper rent receipts along with PAN details of landlord. thanks.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
01 October 2018 Rent paid in excess of 10 % of salary
Profile Image

Ranjan Dayal

Profile Image

Ranjan Dayal (Expert)
02 October 2018 As per your details you received HRA Rs. 10752/- per month(i.e.50% of Basic salary) in this case Your HRA will exempt Rs.5850/- per month (If you in Metro City) .
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
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details