HRA exemptionIncome-tax Act, 1961
HRA received, a year Salary slip₹2,40,000
Rent paid less 10% of salary Rule 2A₹1,56,000
50% of salary, metro city Sec 10(13A)₹3,00,000
Least of the three₹1,56,000
Exempt HRA, a year₹1,56,000