banner_ad

Hra exempt deduction procedure

Tax planning 373 views 5 replies
User Avatar

Finance
4584 Points Posted on 07 January 2023

Hi

Salary 350000 pa. 5% tax slab. 5000 IT payae plus 4% cess on it gives 5200 tax payable on salary. HRA exempt for non metro rent is 30000 pa and east of the three is 1333 per month.

Can I take this hra exempt amount from income tax payable amount? 5200-1333= 3866 tax payable? 

Txd

0 Reply Share Follow
On 07 January 2023 at 10:58 Report
Replies (5)
User Avatar

CFO- at NHTF
58280 Points Posted on 07 January 2023
HRA exemption can't be deducted from tax payable of 5200/-

HRA exemption has to be deducted from HRA component in Salary
Reply
On 07 January 2023 at 11:16
User Avatar

Profession Business
28207 Points Posted on 08 January 2023
Sec 10(13A) RULE 2a
Reply
On 08 January 2023 at 08:12
User Avatar

tax consultant
3306 Points Posted on 09 January 2023
Yasasvi an exemption can be claimed from the amount of income.

a reduction from tax amount is generally called rebate
Reply
On 09 January 2023 at 10:00
User Avatar

Profession Business
28207 Points Posted on 11 January 2023
The querist has not asked for the following :
1. difference between exemption and deduction.
2. procedure
is simple rent receipt. metro city which place?
Reply
On 11 January 2023 at 21:32
User Avatar

CFO- at NHTF
58280 Points Posted on 12 January 2023
The query is about to reduce tax from HRA exemption but it can't be done .

Tax on HRA can be deducted for total tax liability
Reply
On 12 January 2023 at 07:36


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details