Question

For calculation of House Rent Allowance under Section

Q: Answer-For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the fo...

Conveyance Allowance is not directly related to HRA calculations. The key components for HRA calculation are the basic salary and any dearness allowance that is considered part of retirement benefits.

10(13A), the salary is to be considered the following, EXCEPT:

A Commission based on a fixed percentage of turnover achieved by an employee as per the terms of the contract of employment

B Basic Salary

C Conveyance Allowance

D Dearness Allowance (DA) (if it forms a part of the retirement benefits)

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For calculation of House Rent Allowance under Section

Solution