For the purpose of calculation of HRA salary is taken on:
A. Receipt Basis
B. Due or accrual basis
C. Due or receipt basis whichever is earlier
D. At the option of the employee
Answer:B
For the purpose of calculation of HRA salary is taken on:
A. Receipt Basis B. Due or accrual basis C. Due or receipt basis whichever is earlier D. At the option of the employee