HRA exemption

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job
147 Points Joined August 2013
If HRA received is 120000/- and exempted HRA is 90000/-, whether balance HRA is shown as exempt income under section 10 or not??
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On 26 August 2018 at 17:21 Report
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160 Points Joined March 2018
yes,exempt!,,,....
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On 26 August 2018 at 17:59
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job
147 Points Joined August 2013
means 30000/- is shown as exempt income under exempt income schedule.
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On 26 August 2018 at 18:07
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160 Points Joined March 2018
sorry......I missed to type the relevant answer!
actual HRA minus Exempt HRA =Taxable HRA.
The thing, I am trying to say,you can't show it as exempt income...
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On 26 August 2018 at 18:09
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81 Points Joined February 2016
the balance HRA would be taxable
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On 26 August 2018 at 19:02
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job
147 Points Joined August 2013
sorry for the inadvertent mistake as taxable HRA is 50000/-.
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On 26 August 2018 at 19:13


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