hra

SHUVRO ( (WANT TO LEARN) ) (175 Points)

17 September 2010

can anyone plz elaborately explain "DEARNESS ALLOWANCE IF TERMS OF EMPLOYMENT SO PROVIDE" in terms of HRA exemption

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(Guest)

SALARY INCOME FOR THE PURPOSE OF HRA MEANS== BASIC SALARY + D.A.(WHICH ENTERS)+ COMMISSION ON TURNOVER

SHUVRO ( (WANT TO LEARN) ) (175 Points)
Replied 17 September 2010

can u plz be more specific on WHICH ENTERS with an example of which enters and which not

harish .k (STUDING) (306 Points)
Replied 17 September 2010

Dear Shuvro,

Cal of HRA u/s 10(13A) means salary includes

1. Basic Salary

2. Dearness Allowance ( if the terms of employment so provided for Retirement benfit)

3.Any any other fixed allowances like Fixed commission on Turnover , Bonus Etc

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