Hra calculation

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sir,
i have received hra 30000/- but actual paid 44000/- which amount will be claimed
Replies (6)
The actual amount received as the HRA from the employer
HRA received shall be claimed
Least of the three will be a taxable HRA,

1: 50% of the basic salary(Metro city)
40% of the basic salary(Non Metro city)

2: Actual HRA received.

3: Rent paid less 10% of basic salary.
read section 10(13a)
HRA received will claimed

As per Section 10 (13A)

Least of the three will be a taxable HRA,

1: 50% of the basic salary(Metro city)
40% of the basic salary(Non Metro city)

2: Actual HRA received.

3: Rent paid less 10% of basic salary.


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