House Rent Allowances calculation for IT Exemption

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..... Kindly provide me how to calculate HRA for IT exemption with examples. - Reply By BANWARI LAL - The Reply = HRA CALCULATION ( LEAST OF FOLLOWING WILL EXEMPT) 1 ACTUAL RECIPET 2 40%/50% OF SAL .....

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..... ARY 3 RENT-10% OF SALARY HERE SALARY MEAN = BASIC PAY+FDA+FDP+% COMMISSION ON SALES 50% OF SALARY IF PROPERTY RENTED AT BOMBEY,DELHI,CULCUTTA,MADRAS I.E (BCDM) IN ANY OTHER CASE WE WILL TAK .....

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..... E 40% OF SALARY - House Rent Allowances calculation for IT Exemption - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 8-10-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowled .....

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..... ge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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