Hra exeption limit ay 14-15


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Querist : Anonymous (Querist)
01 July 2013 Respected Sir

What is HRA exemption limit for AY 2014-15.

If any employee is living rental in chawl and having rental receipt without society reg.No. can he get exemption of HRA?

02 July 2013 HRA exemption u/s.10(13A) least of the following

a.40% salary if non metro (50% for metros)
b. Rent paid less 10% of basic salary
c. Actual HRA

for claiming HRA rental receipts in original is enough


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