Section 10(13a) and 80gg
This query is : Resolved
25 July 2013
If employee receive HRA of Rs.40000 (Taxable HRA is Rs. 35000) and total salary Rs.300000 (including HRA of Rs.40000)and TDS deducted on Rs.300000 is Rs.10000.
In the above case TDS deducted on Rs.300000 which includes Gross HRA of Rs.40000 but not Taxable HRA of Rs.35000. In this case employee can (1)get deduction U/C 80GG or
(2) he can get excemption U/S 10(13A) or
(3) 1 or 2 which ever is beneficial
In the above case TDS deducted on Rs.300000 which includes Gross HRA of Rs.40000 but not Taxable HRA of Rs.35000. In this case employee can (1)get deduction U/C 80GG or
(2) he can get excemption U/S 10(13A) or
(3) 1 or 2 which ever is beneficial
25 July 2013
If HRA is received, then it must get exemption u/s 10(13A) only.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Filling ITR - U
- Sales of goods of amount Rs97 lakhs to a party
- CREDIT NOTES WITHOUT GST
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
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
