25 July 2012
hello all, I am filing income tax return and I am facing following issue. How to compute the hra exemption when the employee was on loss of pay for around 2.5 months due to some medical reasons. kindly, revert soon .very urgent. regards.
25 July 2012
where the actual payment of HRA only, the exemption calculation, since the loss of pay there is no payment of HRA.,so no need to consider the HRA exemption for loss of period