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)
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 Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
