https://www.taxtmi.com/caselaws?id=391866 For HRA exemption under section 10(13A), salary is to be computed under the governing rule, and performance bonus is not included in that salary base where the rule excludes it. The note explains that the exemption therefore had to be worked out on basic salary alone, with the claim recomputed on the factual basis that rent paid exceeded 10% of basic salary. The practical effect is that only the salary components permitted by the rule are relevant for HRA exemption, and performance-linked bonus cannot be added unless the applicable definition expressly allows it. en-us Fri, 10 Jan 2020 00:00:00 +0530 Thu, 07 Nov 2024 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391866 For HRA exemption under section 10(13A), salary is to be computed under the governing rule, and performance bonus is not included in that salary base where the rule excludes it. The note explains that the exemption therefore had to be worked out on basic salary alone, with the claim recomputed on the factual basis that rent paid exceeded 10% of basic salary. The practical effect is that only the salary components permitted by the rule are relevant for HRA exemption, and performance-linked bonus cannot be added unless the applicable definition expressly allows it. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391866