Tag Archives: HRA Exemption under section 10(13A)

Tax Exemption on Home Loan and HRA

Hello friends as financial year 2011-12 is going to end so salaried employees covered under tax bracket is looking for the areas and the ways regarding how they can reduce their tax liabilities. One of the points at which salaried … Continue reading

Posted in Direct Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

HRA Exemption Calculator

In case you are a salaried employee and getting HRA from your employer then you can claim HRA exemption under income tax act. If you want to calculate the exempt amount of HRA received by you under section 10(13), then … Continue reading

Posted in Direct Tax | Tagged , , , , , , , , | Leave a comment

HRA Exemption

There is a slight change in the Payroll documentation regarding the Calculation of House Rent Allowance Under Income Tax Act. According to the Circular 05/2011 dated 16.08.2011 of the Income Tax Act: 1. If the annual rent paid by the … Continue reading

Posted in Direct Tax | Tagged , , , , , , | Leave a comment