Hra calculation
rakesh kapahi (1 Points)
26 March 2019i have received hra 30000/- but actual paid 44000/- which amount will be claimed
rakesh kapahi (1 Points)
26 March 2019
Radhey Shyam Jha
(Student)
(1616 Points)
Replied 26 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 26 March 2019
shankar
(chennai)
(130 Points)
Replied 26 March 2019
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1448 Points)
Replied 27 March 2019
D D BAHETI
(Chartered Accountant)
(99 Points)
Replied 27 March 2019
As per Section 10 (13A)
Least of the three will be a taxable HRA,
1: 50% of the basic salary(Metro city)
40% of the basic salary(Non Metro city)
2: Actual HRA received.
3: Rent paid less 10% of basic salary.