Menu
HRA DIDUCTION
RURAL AREA HRA DIDUCTION
Replies (1)
Refer section 10(13A) which provides as below
House Rent Allowance: Exempt least of following;
(1)excess rent paid over 10% of salary due for relevant period; or
(2)Mumbai, Chennai, Kolkata and Delhi:- 40% and other place 50% of salary due for relevant period; or
(3)Actual allowance received for relevant period.
House Rent Allowance: Exempt least of following;
(1)excess rent paid over 10% of salary due for relevant period; or
(2)Mumbai, Chennai, Kolkata and Delhi:- 40% and other place 50% of salary due for relevant period; or
(3)Actual allowance received for relevant period.
Related Topics
CAclubindia
