Hra calculation

This query is : Resolved

Satish Yogi (Querist)
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25 December 2013 Dear Sirs

I wants to ask that a company giving HRA Rs.20000/- and house rent reimbursement rs.25000/-
Basic Salary of the employee is Rs.35000/-

what is the deduction of HRA and treatment of Reimbursement of Rent.

Thanks

Satish Kumar

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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25 December 2013 Need to considered as HRA Rs.45000 ( HRA + Rent reimbursement)

Actual HRA - Rs.45000
Rent paid less 10% of Basic Salary - Rs.25000 less Rs.3500 = Rs. 21500/-

40% Basic salary Rs.14000

so lower of the above Rs.14000/- can be claimed as HRA exemption u/s.10(13A)