https://www.taxtmi.com/caselaws?id=391866 House rent allowance exemption under section 10(13A) must be computed using "salary" as defined by the applicable rules. Performance bonus does not form part of that salary base where the governing rule excludes it. Accordingly, HRA eligibility is determined without adding performance bonus to basic salary, and the rent-paid condition is assessed against the resulting salary figure. Where rent paid exceeds 10% of basic salary, the exemption claim must be recomputed on that basis. The stated analysis treats the exclusion of performance bonus as determining the allowable HRA exemption. 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 House rent allowance exemption under section 10(13A) must be computed using "salary" as defined by the applicable rules. Performance bonus does not form part of that salary base where the governing rule excludes it. Accordingly, HRA eligibility is determined without adding performance bonus to basic salary, and the rent-paid condition is assessed against the resulting salary figure. Where rent paid exceeds 10% of basic salary, the exemption claim must be recomputed on that basis. The stated analysis treats the exclusion of performance bonus as determining the allowable HRA exemption. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391866