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Shri Ram who resides in Allahabad got the following emoluments during the Previous Year ended on March 3 1 , 2 0 2 3 :
Shri Ram who resides in Allahabad got the following emoluments during the Previous Year
ended on March :
From X Ltd : months basic pay @ pm dearness pay forming part of basic pay @
pm and House Rent Allowance @ pm
From Y Ltd : months basic pay @ pm dearness allowance @ of basic pay,
commission on sale @ on sales effected during four months House Rent
Allowance @ pm
From Z Ltd : months salary @ pm dearness allowance @ pm House Rent
Allowance pm During this period, he lived in his own house.
He paid pm as house rent throughout the previous year except for two months when
he lived in his own house.
Compute the taxable amount of House Rent Allowance for the Assessment Year
Ans. Taxable Amount of HRA
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