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House Rent

Former Member
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Hi Experts:

Can anyone tell me how to configure the below tables for Housing Taxation.

T7INR1, T7INR3, T7INR5, T7INR7, T7INR9

Here, i donot understand what percentages, Constants and amounts mean in these tables.

Appreciate if any one can focus more on the Housing code for Taxation, Statutory Constant for Taxation and explain me in detail.

And also tell me whether i have to maintain amount limit for HRA WT in T7INT9 for exemption. Because HRA exemption is 10% over Basic.

How can i configure this.

Kindly advice.

Sree

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Answers (2)

Answers (2)

Former Member
sikindar_a
Active Contributor
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Former Member
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Hi Sikinder:

This link doesnot solve my query.

My query is related to the backend configuration for HRA Tax exemption calculation.

I know we enter the Accom type and Rent amt in 0581. I want to know what happens in the backend.

And how these tables helps us in computing the same.

Thank you for your response.

Sree