Solomon (Owner) (41 Points)
08 February 2019A. Basis salary for the year is 600000
B. DA for the year is 50000
C. DA arrear for the year is 5000
D. Earned Leave Surrender 40000
So while calculating HRA. Which part is considered as 10% of A/B/C/D is BASIC. Please provide solution in detail. Thanks in advance for your time.
sheela More
(student)
(348 Points)
Replied 09 February 2019
A+B, basic salary + DA without any arrears.
Pyarilal CV
(Tax Consultant)
(110 Points)
Replied 12 February 2019
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 21 February 2019
Basic plus DA if terms of employment so provide
CAclubindia
