Tax Management India. Com TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals Articles SMS News Highlights
        Home        
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

 

 

 

 

 

Discussion Forum
what is new what is new
 
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

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

Go to Mobile Version