tds query
This query is : Resolved
02 July 2011
Dear sir
for hra exmption
is there any rule for hra calculation
that hra should be taken on basic or we can take on gross also
is their any specific rule or it depends on company policy
for hra exmption
is there any rule for hra calculation
that hra should be taken on basic or we can take on gross also
is their any specific rule or it depends on company policy
02 July 2011
Rule 2A of the Income tax Rules,1962 governs the calculation of HRA under section 10(13A) of the Income tax Act,1961.
Salary for the above calculation purpose is defined as " salary includes dearness allowance,if the terms of employment so provide, but excludes all other allowances and perquisites". u can see this in explanation to rule 2A read along with Rule 2(h) of Part A of the 4th schedule .
Salary for the above calculation purpose is defined as " salary includes dearness allowance,if the terms of employment so provide, but excludes all other allowances and perquisites". u can see this in explanation to rule 2A read along with Rule 2(h) of Part A of the 4th schedule .
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Last year TDS Claim
- LTCG on switch of units
- Salary and pension received from Asian Development Bank
- Short Term Capital gain on shares bought and sold after 2018 onwards
- One Post a Week Done Right Beats Seven Done Wrong
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
