10 July 2016
G.e sir, I am getting monthly salary 25000/- in consolidated , there is no breakups like BASIC, DA, HRA etc, , I am paying monthly rent is 7000/- , how can i show the rent amount in my income tax return. 1. rent paid -10% on salary =balance amount is exemption or2.o 7000/- rent paid @12 = 84000/- as towards hra exemption. i am staying in non metro location kindly give me your valuable reply sir,
CAclubindia
