Hra calculation

Tax queries 556 views 3 replies

Dear all,

             I need clarification about HRA exemption....

               I have received HRA from April'13 to March'14 is Rs.40,911/-

               and also I Have received pay arrears - HRA portion was Rs.7977/-

Whether I want to take for the purpose of calculation of HRA exemption  - Rs.48888/- or

only for the current year of Rs.40,911/-

can u help me in this regards.

 

Padmanabhan T

9840462066

sambandampadma @ gmail.com

      

Replies (3)

dear,

     the arrear of hra will get included in salary and can't be included in present f.y. hra for the calculation of exemption of hra.

& further you can claim tax benifit u/s 89(1)

AGREED WITH CA SAURABH

Agreed with above friends


CCI Pro

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