HRA Exemption

Dear Rashmi,
For the purposes of HRA only Rs. 15,550/- will be considered..

Rule 2A prescribes the quantum of exemption available u/s.10(13A), which the least of

1. Actual allowance received

2. Rent paid in excess of 10% of salary

3.50% of salary for metros  / 40% for other cities

For exemption under HRA only rent will be considered no other expenses will be allowed