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Case Law Details

Case Name : Commissioner Of Income-Tax Vs H.V. Yazdi (Calcutta High Court)
Related Assessment Year :
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Rule 2A of the Income-tax Rules, 1962, deals with the limits for the purposes of Section 10(13A) of the Act. The said rule prescribes the limit of exemption permissible under Sub-section (13A) of Section 10 of the Act. The said rule in its Explanation provides that “salary” in the said rule, that is to say, Rule 2A, would have the same meaning assigned to it in Clause (h) of Rule 2 of Part A of the Fourth Schedule to the Income-tax Act, 1961.

The Fourth Schedule to the Income-tax Act, 1961, primarily deals with rec

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0 Comments

  1. seema sehrawat says:

    sir pls solve this qus my ans is not match ,ram who resides in allahabad ,got the foolowing emoluments during the p.y
    FROM X LTD:6month basic salary @3000 p.m ,D.A @ 250 is forming part of basic salary p.m and hra @ 1000 p.m ,
    FROM Y LTD :4month basic pay @4000 p.m , D .A @25% of basic salary pm and commission on sale @5% (on sale effected during 4 months is 100,000),hra allowance @2500 p.m,
    FROM Z LTD :2 month salary @ 8000 pm ,D.A @1000 p.m hra 3000 p.m .during this period ,he live in his own house .
    he paid 3000 p.m as house rent throughout the previous year except 2 months when he lived in his house . determine the amount of hra taxable for the A.Y 2015-16.pls sir solve my problem

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