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Section 10(13A)

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Calculation of HRA Exemption under section 10(13A) of Income tax Act, 1961

Income Tax : Understand the calculation of House Rent Allowance (HRA) exemption under section 10(13A) of the Income Tax Act, 1961. Learn the co...

June 25, 2023 4995 Views 1 comment Print

HRA: How to compute exemption

Income Tax : What is House Rent Allowance? Employees generally receive a house rent allowance (HRA) from their employers. This is a...

January 24, 2020 14751 Views 0 comment Print


Latest Posts in Section 10(13A)

HRA Exemption Denied, Remitted for Reconsideration by ITAT Bangalore

October 21, 2023 609 Views 0 comment Print

In the Ravindra R.V. vs. DCIT case, ITAT Bangalore remits the denial of HRA exemption under Section 10(13A) back to the AO for reconsideration due to lack of salary breakup.

HRA Deduction: Rent Paid to Wife Qualifies under Section 10(13A)

July 20, 2023 53562 Views 0 comment Print

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled in favor of Aman Kumar Jain against the Income Tax Officer, permitting rent paid to a wife as eligible for HRA deduction under section 10(13A) of the Income Tax Act.

Calculation of HRA Exemption under section 10(13A) of Income tax Act, 1961

June 25, 2023 4995 Views 1 comment Print

Understand the calculation of House Rent Allowance (HRA) exemption under section 10(13A) of the Income Tax Act, 1961. Learn the conditions, maximum deduction limits, and an example to ensure accurate filing of your income tax return.

HRA: How to compute exemption

January 24, 2020 14751 Views 0 comment Print

What is House Rent Allowance? Employees generally receive a house rent allowance (HRA) from their employers. This is a part of the salary package, in accordance with the terms and conditions of employment. HRA is given to meet the cost of a rented house taken by the employee for his stay.

Salary Cannot be taxed as Income from other sources without proving absence of master and servant relationship

December 28, 2013 4174 Views 0 comment Print

In the returns the assessee had claimed deduction under Section 10(13A) on the basis of the rent paid by him which has been debited from his salary directly. This Section exempts any special allowances specifically granted to an assessee by his employer to meet expenditure actually incurred on payment of rent for residential accommodation occupied by the assessee,

S. (10(13A) ‘Salary’ does not include commission for Calculation of HRA

December 27, 2013 8542 Views 0 comment Print

Contribution to be made to the provident fund must be the proportionate amount of salary paid to the employees. Salary was a fixed monthly payment whereas the commission was not a fixed payment and could not be included within the scope and ambit of the term salary .

S. 10(13A) ‘Salary’ does not include bonus for Calculation of HRA

December 27, 2013 19144 Views 2 comments Print

Bonus cannot be regarded as falling within the scope of the expression salary as defined in Clause (h) of Rule 2. Clauses (b) and (c) of Rule 4 contain a clear indication that the expression salary takes in only periodical payments made by the employer to the employee during a year by way of remuneration.

No HRA Exemption on Rent reimbursed to employer for rent-free accommodation

July 20, 2012 12696 Views 2 comments Print

The assessee is getting twin benefit from the employer, one of which is not taxed on the basis of reimbursement of rent by the assessee to the employer. The first benefit is of rent free accommodation provided by the employer to the assessee employee for which the employer is incurring rental expenditure of Rs. 1.70 lacs per month in addition to providing interest free deposit of Rs. 40 lacs with the land lord. The 2nd benefit being received by the assessee is this that he is getting HRA of Rs.3 lacs approximately per month including special HRA of Rs.1.70 lacs per month.

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