05 August 2007
If a person takes the HRA from the com but not submitted the rent agreement, then the entire HRA is taxable. But at the time of filing the return, can he take the deduction by showing the amount of Rent he has paid to his landlord?
In this case, the amount taxable under the head salary will be different than what is shown in Form 16. Is it acceptable?
You have all right to do so. There is no prevention in Income Tax Act 1961 as to claiming such deduction, provided you hold rental agreement when you file your IT return.
Your salary certificate is not conclusive evidence unless you want to go very much by it.
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