Sushant Singh (Student) (208 Points)
29 January 2011IS ADDITIONAL HRA IN ADDITION TO HRA IS TO BE TAKEN FOR HRA EXEMPTION U/S 10(13A) ?
CALCULATE TAX LIABILTY
BASIC SALARY 11000 P.M.
DA 2000P.M.
ADDITIONAL D.A. 1500 P.M.
CONVEYANCE ALLOWANCE 1800 P.M.
L T A MONTHLY 3000 P.M.
HRA 6000 P.M.
ADDITIONAL HRA 2100 P.M.
MEDICAL ALLOWANCE 2000PM
TRANSPORT ALLOWANCE 800 P.M.
SUPERANNUATION ALLOWANCE 1800 P.M.
LUNCH ALLOWANCE 1400 P.M.
PERFORMANCE LINKED PAY 3000
INVESTMENTS OF RS 100000 FOR SEC 80C DEDUCTION
FOR 80 CCF RS 20000
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 30 January 2011
Whats this concept of ADDITIONAL HRA ?
Anyone pls elaborate !
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 30 January 2011
calculate here
/forum/files_download.asp?msg_id=404564
Sushant Singh
(Student)
(208 Points)
Replied 09 February 2011
I AM CONFUSED , WHETHER ADDITIONAL HRA WILL BE TAKEN FOR EXEMPTION U/S 10 (13A) OR NOT ?
AnandKumar
(Chartered Accountant)
(203 Points)
Replied 14 February 2011
my dear friend there is no concept of additionak HRA in Income tax.As there is no concept of Addtional HRA it will be treated as at par with HRA.
u can also follow link given by U.S. Sharma for Calculating exemption amount
just consider HRA + Additional HRA for Exemption
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