Sudesh Haldia is employed at Delhi as Store Manager in one of the Retail Companies.
The particulars of his salary for the previous year 2006-07 are as under:
The actual rent paid by him is Rs. 2,000 p.m. for an accommodation at Noida till 31-122006.
From 1-1-2007 the rent was increased to Rs. 4000 p.m. Compute the taxable HRA?
A . Rs. 16, 500
B . Rs. 26,250
C . Rs. 19,125
D . Rs. 31,500
Answer: A