Dear All,
My Job started in Sep' 11 and i moved to Metro City for this,
My query is .... Can i get exemption for Apr to Aug Rent which i gave in Bangalore.. ?
saurabh deorah (Chartered Accountant) (134 Points)
26 December 2011Dear All,
My Job started in Sep' 11 and i moved to Metro City for this,
My query is .... Can i get exemption for Apr to Aug Rent which i gave in Bangalore.. ?
SRIKAR BABU
(AM)
(102 Points)
Replied 26 December 2011
Hai,
No, you can claim HRA for your employment period only.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 26 December 2011
Yes your previous employer can calculate the eligible HRA from April to August 2011 @ Bangalore and show the same in the Form 16.
rent paid by you has to be taken in to account while calculating Income Tax.
CAclubindia
