I have paid partial rent for one month however I received full month HRA and basic pay for that month.
Should my HRA and Basic pay to be pro- rated to calculate the HRA exemption as I paid partial rent for that month.
Menu
House rent allowance exemption in partial rent paid
Replies (4)
Quick Summary
You have to calculate amount for that month separately as per mentioned rule in above reply
Sec 10(13A) RULE 2A.
Thank you, however my employer doesn't calculate separately, consider my Full month Basic and HRA therefore no exemption given for May month where I paid partial rent
Ask him to correct or you will correct it at the time of filing return
Recent Topics :
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
