Hra calculation

This query is : Resolved

Amreek Singh (Querist)
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28 August 2013 basic pay march 12 is 11690and d.a is 8984
april to november is 13020 each month and da is 10104.
dec, jan, feb is 11690. and da is 11153 each month.

hra mach 12 is 3098
april to november is 3484
dec to feb is 3098

arear of da is 15932
arear of basic pay is 37737

how i calculate hra
please reply soon

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 September 2013 please mention the rent payment monthwise

Amreek Singh

Amreek Singh (Querist)
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05 September 2013 5000 per month

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 September 2013 HRA calculation as per sec.10(13A) is

minimum of the following

1. Actual HRA
2. 40% of Basis (50% incase of non metro)
3.Rent paid less 10% basic pay

arrears HRA cannot be considered current year. So consider the normal HRA received