Hra u/s. 10(13a)

Sarvesh Raikar (Practicing Chartered Accountant)   (47 Points)

01 January 2015  

Hello, I have a query to ask. As bangalore is now considered as a metro city, and as per sec10(13A), should the criteria of 50% applies to bangalore.

In Income Tax act bangalore is still not considered as a metro city. Help as I have to calculate HRA for F.Y 14-15.