Certification Course on Practical Filing of Income Tax Returns
can anyone plz elaborately explain "DEARNESS ALLOWANCE IF TERMS OF EMPLOYMENT SO PROVIDE" in terms of HRA exemption
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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