Calculation for Exemption of House Rent Allowances from Income Tax

Prepared by Pranab Banerjee,Kalisthanpara, Jiaganj,Murshidabad,West Bengal, Mail:-

pranab.banerjee83@gmail.com,9474316768,8906279547, For More Calculation Please Visit:-
www.pranab.jiaganj.com
Total Basic Salary + Grade Pay (PerYear)
300000 Total=B.Pay +G.Pay + D.A.
{ Apr to Mar}
Total of B.Pay +
Total D.A.(Per Year){Apr to Mar} 60000 360000
Grade Pay+ D.A.
Total H.R.A. Received(Per Year){Apr to Mar} 240000 Edit only Yellow Cell
House Rent Paid (Per Year) {Apr to Mar} 120000 84000 50%
10% or 40% + D.A.
of B.Pay
If you Live in Metro city Put Yes or No
Yes 180000
( Others City
40%,Metro City 50%)
ALLOWAED H.R.A. EXEMPTION FROM INCOME TAX 84000 on B.pay + D.A.
CHARGABLE AMOUNT OF EXCESS HRA Will be Paid Rs. 156000
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