How the income tax exemption is calculated on sec10(13a0

This query is : Resolved

suresh (Querist)
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15 November 2012 house rent allowance is part of salry package.and the rent paid by slaried employee exceeds 10% of his salary,
the exemption of house rent allowance is computed onthe follwing
actual hra reced,50%/ 40 %of the salary of th salary of the residing place
rent paid inexcess of salary . our doubt is slary includs basic salry plus da or basic alone inthe calculation salary

CA.ATUL GUPTA IPCC TAX FACULTY

CA.ATUL GUPTA IPCC TAX FACULTY (Expert)
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15 November 2012 FRIEND FOR CALCULATION OF SALARY FOR HRA

BASIC SALARY+DA(IF FORMING PART OF RETIREMENT BENEFITS)
MEANS ONLY THAT PART OF DA WHICH IS FORMING PART OF RETIREMENT