CA Pramod Jain (manager finance) (1577 Points)
29 January 2010dear all,
can exempt allowance\s like conveyance, medical, lta, uniform be included in basic or da for calculation of hra benefit ie for fulfilling 50% of Basic + DA first condition of HRA Calculation.
Amir
(Learner)
(4016 Points)
Replied 29 January 2010
DEAR PRAMOD,
No allowances can be considered in the salary for claiming exemption of HRA except DA (WHERE IT IS UNDER TERMS OF EMPLOYMENT)
C.Balaji
(Learner)
(1867 Points)
Replied 29 January 2010
Mr.CA Pramod Jain
HRA - 50% of Salary (metros) otherwise 40%
Salary = Basic + DA (if terms of employment provide) +Commission based on fixed % of turnover acheived by employee....
CAclubindia
