can anyone plz elaborately explain "DEARNESS ALLOWANCE IF TERMS OF EMPLOYMENT SO PROVIDE" in terms of HRA exemption
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hra
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SALARY INCOME FOR THE PURPOSE OF HRA MEANS== BASIC SALARY + D.A.(WHICH ENTERS)+ COMMISSION ON TURNOVER
can u plz be more specific on WHICH ENTERS with an example of which enters and which not
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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