Question
From the following particulars furnished by Mr X
residing in Delhi, find the taxable amount of HRA. Basic Salary (per annum) is ₹ 3,00,000, House Rent Allowance (per annum) is ₹ 60,000 and Rent paid for house in Delhi is ₹ 75,000.ÂSolution
To calculate the exempt amount of House Rent Allowance (HRA) for Mr. X, we need to compare three amounts: Actual HRA Received: ₹60,000 Rent Paid minus 10% of Basic Salary: ₹75,000 - (10% of ₹3,00,000) = ₹75,000 - ₹30,000 = ₹45,000 50% of Basic Salary for Metro Cities: 50% of ₹3,00,000 = ₹1,50,000 The exempt HRA amount will be the minimum of these three calculations. So, in this case, the exempt HRA amount is ₹45,000. Taxable amount of HRA = 60,000-45000 = 15000
As per Section 7 of the Special Marriage Act, objection to marriage has to be filed within how many days?
The High Courts in India consists of __________________
Consider the following statements regarding exceptions to culpable homicide or murder under Sections 103-105 of the Bharatiya Nyaya Sanhita, 2023:
<...The rent controller shall execute the order through one of more than one mode:
According to the provisions of IPC what is the liability of A, a police officer, who abets the commission of robbery?
The bye-laws under section 9 of the SC(R)A Act provides that ______________
If limitation period expires on the day when the court is closed:
What is the minimum practice requirement to be eligible for appointment as a Public Prosecutor or Additional Public Prosecutor under Section 18(7)?
When police may arrest without warrant?
The ______________________ may delist the securities, after recording the reasons therefor, from any recognised stock exchange on any of the ground or g...
