Dhaval (Job) (794 Points)
27 June 2013As per section 10(13A) exemption for HRA is available if rent is actually paid by employee & house is not owned by him.
Now, if a salaried employee is actually paying rent to his father for staying in the house owned by his father, then can he claim exemption of this rent, can we take the benefit of this section?
CA Vijay Kumar
(Manager in Fianace & Taxation)
(290 Points)
Replied 27 June 2013
yes, exemption for HRA is available
purshotam vohra
(CA IPCC)
(138 Points)
Replied 27 June 2013
CA Momin Owais Ahmed
(Audit Manager)
(154 Points)
Replied 27 June 2013
Yes, but there must be a documentary proof for Payment of Rent, It is better to get Bonafied rent Agreement
Anuj jain
(CA Final Student)
(163 Points)
Replied 27 June 2013
Yes, exemption of HRA is available in this case.
CA Deepak Rathore
(EXPERT)
(281 Points)
Replied 27 June 2013
Dhaval
(Job)
(794 Points)
Replied 27 June 2013
| Originally posted by : CA Momin Owais Ahmed | ||
 |
Yes, but there must be a documentary proof for Payment of Rent, It is better to get Bonafied rent Agreement |
 |
Can only rent payment receipt will do?
Devendra
(mumbai)
(24 Points)
Replied 27 June 2013
whether exemption for rent paid will be allow to employee who are residing in Company's Staff Colony at free of Cost & He is paying rent for Other House where his family residing ?
PRANAV MISHRA
(CA Final student)
(573 Points)
Replied 29 June 2013
@ Devendra In my opinion in the case cited by u exemption of HRA shall be available provided the employee does not have his own house in that city. But if he is residing in company's quarter he would not be getting HRA in his salary in that case he cannot claim exemption for HRA u/s 10(13A) but can claim a deduction of the rent paid U/S 80GG.
REGARDS.
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