hra

Tax queries 457 views 3 replies

 

can anyone plz elaborately explain "DEARNESS ALLOWANCE IF TERMS OF EMPLOYMENT SO PROVIDE" in terms of HRA exemption

Replies (3)

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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