Ideal Rent = HRA + 10% of Salary
3. Stay with parents:-
Yes you can claim the exception but if the lanlord is spouse it is not advisable to claimthe exception.
Own a property but living on rent;
if you have a owned property in differ city and a rented house in differ city both exceptioncan be claimed but the owned property shouldnt be rented.but if you have owned and rented in same city it's normally couldnt be claimed. but inmetros yoyu can prove the distance of the office and owned hose and then only you canclaimed
It is a sum paid to defray special expenses entailed by thenature of employment and as such this amount does notamount to wages.(In lieu of old instructions issued vide Memo No.Ins.III/2/1/65dt. 8.2.1967)SUSPENSION ALLOWANCE/SUBSISTENCE ALLOWANCEDuring the suspension period the employee is not allowed toactually work and he is not given full remuneration but thepermissible subsistence allowance is paid to the employee byway of remuneration for remaining attached to the services of the employer as per the relevant service regulations governinghis contract of service, therefore, the subsistence allowance ispart of wage as defined under Sec.2(22) of the ESI Act andconsequently on the amount of subsistence allowance paid tothe suspended employee, contribution is payable.Supreme Court has also held in the case of RD, ESICVs.M/s.Popular Automobiles etc.in its judgement dt. 29.9.97 in
Civil appeal no.3850 of 1993 that ‘suspension/subsistence
allowance is wage and contribution is payable under Sec.2(22)
on the said amount’.
(In lieu of earlier instructions were issued vide Memo No.3(2)-1/67 dt. 3.6.67 & letter No.Ins.III(2)-2/71 dt. 10.8.1971)