Income from salary
This query is : Resolved
22 July 2013
Sir,
An employee working under two employers(6 hours each), he is getting HRA & conveyance allowance from both the employers, how to calculate HRA & conveyance allowance?
Should it be calculated distinctly for each employer or combined?(whether exemption limit changes?)
An employee working under two employers(6 hours each), he is getting HRA & conveyance allowance from both the employers, how to calculate HRA & conveyance allowance?
Should it be calculated distinctly for each employer or combined?(whether exemption limit changes?)
Rajat Poddar
(Expert)
22 July 2013
if an employee is working in two different organizations simultaneously.. then he may claim proportionate exemption (of total rent payment) from each employer in such a way that the exemption is optimized...
Rajat Poddar
(Expert)
22 July 2013
according to me same procedure in case of conveyance also...
NARENDRA SONI
(Expert)
22 July 2013
No,one can not claim twice exemption.
Rajat Poddar
(Expert)
23 July 2013
no exemption can b claimed only once...9600 would b taxable..
23 July 2013
How HRA be claimed proportionately? 'Actual rend paid' will be differing then? Can you explain with an illustration or a relevant section?
CMA Ramesh Krishnan
(Expert)
26 July 2013
You can total both HRA and compare the rent paid as per the calculation under sec.10(13A)
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