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Income Tax c. Mrs. Chaya is working in Mumbai as an assistant manager in a company and receives a basic salary of Rs. 60,000 p.m.

Income Tax
c. Mrs. Chaya is working in Mumbai as an assistant manager in a company and receives a basic salary of Rs. 60,000 p.m. and, dearness allowance of Rs. 45,000 p.m. (55\% of dearness allowance is considered for retirement benefits). She also received HRA of Rs. 14,000 p.m. Mrs. Chaya has taken a house on rent in Mumbai since 1st July 2021. She pays a monthly rent of Rs.15,000 p.m. Compute the amount of taxable HRA for Assessment Year 2022-23

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