26 July 2014
hi, i am in job with a company A from 1 april to 30 july,2014 & got salary 2,02,008 with tds of 10,000 rs.in city z,they show HRA in salary slips,i claimed every year.but i didn,t got form 16,i come to know from 26 as all detail then i left that company,remain unemployed from 1 august to 30 nov. I joined company B in december in city x,i got total 2,97,580 with nil tds,they didn,t show hra in form 16 nor in salary slip,but i have paid rent from december to march 2014. now how i claim hra deductions for both different cities or for rent paid for same financial year.how i calculate tax.plz help.
26 July 2014
just compute HRA deduction on the basis of monthly salary slip. calculation formula would remain same except for that for Metro cities the 50% of basic salary is to be considered and for other cities, 40%
CAclubindia
