Income Tax Section 10(13A) Exemption of House Rent Allowance (HRA) . While calculating Income Tax, Most of us have some doubts on calculation of HRA (House Rent Allowance). Income Tax Dept has mentioned so many times on wrong calculation of HRA by employees while submitting the returns. Hence let us discuss the Calculation of House Rent Allowance Exemption in Income Tax as per Income Tax Act 1961, Section 10(13A), Read with Rule 2A of Income Tax Rules 1962.
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