This question is regarding H.R.A. Exempt u/s 10(13A). In order to calculate the HRA, the salary is defined as the sum of the basic salary, dearness allowances and any other commissions. Calculation of HRA is based on a number of factors, such as the entitlement to 50% of the basic salary, if the employee is residing in a metro city and 40% in case he/she stays in any of the other cities but what if the company is in non-metro city (Noida/greater Noida) and the employee is residing in a metro city (Delhi)? Please let me know.
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H.R.A. Exempt u/s 10(13A) Calculation
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Location of the company doesn't matter.
We have to check the location of the residential accommodation occupied by the assessee.
agreed with deepak gupta
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