Hra claim

you are eligible for 9 month olny

Hi,

So If Rent received for 9 months is 13000 and Actual HRA received is 60000 and basic salary is 120000 p.a below calculation is correct or not?

1. HRA  = (60000*9/12) = 45000
2. Rent Paid = (117000 - 9000) = 108000
3. 40 % of basic Salary = (40 %(120000*9/12)) = 36000

So 36000 is Exempt right?

Originally posted by : Neha
	Hi, So If Rent received for 9 months is 13000 and Actual HRA received is 60000 and basic salary is 120000 p.a below calculation is correct or not? HRA  = (60000*9/12) = 45000 Rent Paid = (117000 - 9000) = 108000 40 % of basic Salary = (40 %(120000*9/12)) = 36000 So 36000 is Exempt right?

Where r u stay

Originally posted by : Neha
	Hi, So If Rent received for 9 months is 13000 and Actual HRA received is 60000 and basic salary is 120000 p.a below calculation is correct or not? HRA  = (60000*9/12) = 45000 Rent Paid = (117000 - 9000) = 108000 40 % of basic Salary = (40 %(120000*9/12)) = 36000 So 36000 is Exempt right?

rent paid for per month??

Rent paid per month is 13000

r u living in metro city or non metro city.. pls mention proper details so expert can answer properly...

Rs. 36000 is exempted HRA and Rs. 24000 is taxable