How much hra exemption will i get if i am living in house jointly owned by me ans my wife 50% each. I am getting hra of Rs 20000 per month. Please guide
1 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7430 Points)
Replied 05 February 2025
To calculate the HRA exemption, we'll consider the following factors:
Factors Affecting HRA Exemption
1. *HRA received*: ₹20,000 per month
2. *Location*: Not specified, so we'll assume it's not a metro city (for simplicity)
Recent Topics
- Income Tax Query. Capital gain & section 54
- 26 QB - TDS
- Partner remuneration beyond 40 (b) limits
- How to get Professional Tax refund shown in PTRC I
- No GST on Property Redevelopment If Development Ri
- Guide to Closing Private Limited Company
- BUILDER SELLING CONSTRUCTION PROPERTY
- Anoboy latest website for streaming
- Cash Deals Above Rs 2 Lakh? Now Under IT Radar as
- Partnership Fimr
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
