HRA

agree with ankur it is best ans

YOUR MINIMUM RENT SHOULD BE 17750 FOR TAKING FULL EXEMPTION

CALCULATION AS UNDER FOR RENT

FIRST CALCULATE

50% AND 40% OF SALARY  350000/-(50%)

THEN CALCULATE 10 % OF EXCESS OF SALARY 70000/-

YOUR HRA RECEIPT IS 143000/- FOR EXEMPTION YOU SHOULD ASSUME THAT IF IT'S 143001/-

THEN EXEMPTION WILL ALLOW FULL 143000/-  NOW  (70000+143001) = 213001/- (TOTAL RENT FOR 12 MONTH) RENT FOR ONE MONTH 213001/12=17750

THEN IT'S CALLED MINIMUM RENT RECEIPT PRODUCED FOR CALCULATION