HRA Exemption calculation

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  1. Dinesh Kumar

    Dinesh Kumar Member

    My friend is a defence officer. His pay in pay band is Rs 52750/- pm, Grade Pay is Rs 8000/- pm and Military Service Pay (MSP) is Rs 6000/- pm. He is staying in Delhi. Accordingly, he is receiving HRA @ 30% of Pay in pay band +MSP+Grade pay ie 20025/- pm. He stayed in rented house from 06 Jul 15 to 17 Dec 15 and received total HRA for this period is Rs 107876/-. He was paying rent @ Rs 18000/- per month. He was drawing DA 79433/- pm. Now I want to know what amount will be exempted u/s 10(13A) of income tax? Is DA will be taken when 50% or 10% of salary will be calculated?
     
  2. Investuru & Co.

    Investuru & Co. New Member

    Meaning of Salary for calculation the exemption of HRA

    • Salary means (Basic + (D.A & Commission based on fixed percentage on turnover).
    • Salary is to be taken on due basis in respect of the period during which the period accommodation is occupied by the employee in the previous year.
     
  3. Dinesh Kumar

    Dinesh Kumar Member

    Sir Thanks. Sir can u tell me please what are the commission based elements.
     
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