Urgent (HRA)
This query is : Resolved
15 March 2011
Sir,
we provide HRA(Rs.4500) to Employee 7 he paid rent Rs. 4000(in Metro).
Which amount is taxable or exempt?
Rent receipt is required in this case or not.
Tell me when rent receipt & Rent agreement required.
we provide HRA(Rs.4500) to Employee 7 he paid rent Rs. 4000(in Metro).
Which amount is taxable or exempt?
Rent receipt is required in this case or not.
Tell me when rent receipt & Rent agreement required.
CMA Ramesh Krishnan
(Expert)
15 March 2011
1. You can take HRA exemption based on calculation provided in act
2.Rent receipt is required for HRA exemption and agreement not mandatory
2.Rent receipt is required for HRA exemption and agreement not mandatory
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
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- UDIN ISSUE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
