Hra exeption limit ay 14-15
This query is : Resolved
Querist : Anonymous
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?
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?
CMA Ramesh Krishnan
(Expert)
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
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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