https://www.taxtmi.com/circulars?id=4493 The circular clarifies that for computing the house rent allowance exemption the term "salary" includes dearness pay where it is treated as pay for pension/gratuity and compensatory allowances; employees must have actually incurred rental expenditure and disbursing officers must verify rent payments by receipts. The exempt amount is the least of the prescribed rule based limits (illustrated by examples), and flat rate allowances for certain central employees may be treated as exempt pending rule amendment. en-us Mon, 26 Jun 1972 00:00:00 +0530 Sat, 09 Aug 2008 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4493 The circular clarifies that for computing the house rent allowance exemption the term "salary" includes dearness pay where it is treated as pay for pension/gratuity and compensatory allowances; employees must have actually incurred rental expenditure and disbursing officers must verify rent payments by receipts. The exempt amount is the least of the prescribed rule based limits (illustrated by examples), and flat rate allowances for certain central employees may be treated as exempt pending rule amendment. Circulars Income Tax Mon, 26 Jun 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4493