Calculation of Exemption of HRA on accrued basis (i.e fir 12 months) or only on receipt basis (i.e for 10 months only as I had received salary including HRA for 10 months only during FY 2021-2022)
My Basic Salary - ₹35600 pm
DA - ₹11315 pm
HRA Received - ₹1340 pm
HRA Exemption ??
Menu
HRA Exemption 10(13A) ?
Replies (2)
It will be based on actual hra received and rent paid during FY 2021-22 (I.e. for 10 months in your case)
Receipt basis .....full HRA exempt
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
