Hra exemption for tax relief
This query is : Resolved
24 December 2013
Hi there I am an assistant professor(doctor) at a government institute in delhi.My institute in calculating the HRA exemption from my salary including NPA with DA in the formula for HRA exemption that is applicable- they r using-Rent paid -10 % of (basic+DA) I am attaching my salary slip along with this query. Is it right that DA is added to the basic for calculating the HRA exemption from taxable salary ? please answer my question i will be very grateful for the same Regards Dr.Anshuman 9540946870
Read more at: https://www.caclubindia.com/forum/help-needed-for-calculation-of-hra-exemption-275111.asp#.UrlA7Pvpwvw
Read more at: https://www.caclubindia.com/forum/help-needed-for-calculation-of-hra-exemption-275111.asp#.UrlA7Pvpwvw
24 December 2013
Salary for the purpose of Section 10(14), i.e., calculating HRA exemption means salary + DA.
24 December 2013
Salary for the purpose of Section 10(14), i.e., calculating HRA exemption means salary + DA.
24 December 2013
hello sir thank you so much for the reply
my institute is also adding NPA to the DA and basic for HRA exemption is it justified I am working in a government insitute as a doctor
my institute is also adding NPA to the DA and basic for HRA exemption is it justified I am working in a government insitute as a doctor
25 December 2013
Please tell what is NPA.
26 December 2013
non practising allowance given to doctors in government set up as they are not indulging in private pratice
07 January 2014
Dear Anshuman,
answered this on your query in the Forum....it has to be included in the computation..but given that your rent paid - 10% of salary+DA is already negative, you wont be able avail any tax deduction from HRA.
answered this on your query in the Forum....it has to be included in the computation..but given that your rent paid - 10% of salary+DA is already negative, you wont be able avail any tax deduction from HRA.
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
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- GST ON DAMAGED GOODS
- LTCG for Assmt year 26-27
- Tax liability on income of freelancer
- REGARDING GST LIABILITY/....
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
