Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Computation of House Rent Allowance (HRA) - [Section 10(13A) AND RULE 2A]

Income Tax - Salary Income - 09 - HOUSE RENT ALLOWANCE [Sec. 10(13A) AND RULE 2A] 1. HRA is given by employer to employee to meet the expenses in connection of a rented house taken by the employee for his stay. The Income Tax Act allows for deduction .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

exempt u/s 10(13A) to the extent of minimum of the following three amounts:- 1) Actual house rent allowance received from your employer 2) Actual house rent paid by you minus 10% of your basic salary 3) 50% of your basic salary if house is situated i .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version