Hra exemption information
This query is : Resolved
24 September 2013
Dear sir
i take salary 19500/- per month so i can take hra exemption tell me calc
i take salary 19500/- per month so i can take hra exemption tell me calc
24 September 2013
To know the HRA exemption amount required the following details
1) Actual HRA received from the employer
2) Basic and DA
3) Actual rent paid by the employee
4) and the city where the employer situated means employee working city.
The minimum of the following are eligible for deduction of HRA
1) Actual HRA received
2) Excess of rent paid over 10% of (Basic + DA)
3) 40% of gross salary ( In case of employment at Delhi, Mumbai, Chennai and Bangalore then 50% instead of 40%).
OM SAI SRI SAI JAI JAI SAI
1) Actual HRA received from the employer
2) Basic and DA
3) Actual rent paid by the employee
4) and the city where the employer situated means employee working city.
The minimum of the following are eligible for deduction of HRA
1) Actual HRA received
2) Excess of rent paid over 10% of (Basic + DA)
3) 40% of gross salary ( In case of employment at Delhi, Mumbai, Chennai and Bangalore then 50% instead of 40%).
OM SAI SRI SAI JAI JAI SAI
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 Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- FORM 26A APPLICABILITY
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
