can anyone plz elaborately explain "DEARNESS ALLOWANCE IF TERMS OF EMPLOYMENT SO PROVIDE" in terms of HRA exemption
SHUVRO
( (WANT TO LEARN) )
(175 Points)
Replied 17 September 2010
can u plz be more specific on WHICH ENTERS with an example of which enters and which not
harish .k
(STUDING)
(306 Points)
Replied 17 September 2010
Dear Shuvro,
Cal of HRA u/s 10(13A) means salary includes
1. Basic Salary
2. Dearness Allowance ( if the terms of employment so provided for Retirement benfit)
3.Any any other fixed allowances like Fixed commission on Turnover , Bonus Etc
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