HRA 40% FOR CHENNAI

Tax queries 74 views 1 replies

SIR,

AN EMPLOYEE GOT GROSS SALARY OF RS.270876/- (INCLUDES ONLY BAIC-117000+HRA-58000+SPECIAL ALLO-95876)

HE IS LIVING IN CHENNAI. CAN I DEDUCT 40% OF THE HRA STRAIGHT AWAY FROM HIS GROSS ?

IS IT CORRECT?

THANKS,

Replies (1)
HRA is a specific calculation you should follow that


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