Hello All,
My employer is considering HRA exemption for tax calculation for only the HRA receipts that i've submitted, i.e., HRA exemption is not being projected for the rest of the year. So, I was wondering if it is NOT statutory to calculate HRA exemption for the entire year or is this exemption calculation govenrned by HR policies of the organization.
Thanks in advance for any advice that you can offer.
Regards
Rajesh.
My employer is considering HRA exemption for tax calculation for only the HRA receipts that i've submitted, i.e., HRA exemption is not being projected for the rest of the year. So, I was wondering if it is NOT statutory to calculate HRA exemption for the entire year or is this exemption calculation govenrned by HR policies of the organization.
Thanks in advance for any advice that you can offer.
Regards
Rajesh.