HRA
This query is : Resolved
Sanoj Kr. Sharma
(Querist)
18 August 2010
IF EMPLOYEE GETS HRA AND HE WAS NOT IN RENTED HOUSE THEN CAN HE GET EXEMPTION IN SEC 10(13A)
CA Sanat Pyne
(Expert)
18 August 2010
no to claim hra , rent receipt or rent agreement must be there
Message likes :
1 times
18 August 2010
AGREED AS PER LAW HE CAN'T CLAIM EXEMPTION, BUT AS PER TAX PLANNING, IF HE IS NOT OWNER OF A HOUSE, THEN HE CAN SHOW RENT PAID AGAISNT HRA RECD, BY WHICH HE WILL GET EXEMPTION AND SAVE TAX.
18 August 2010
Upto 3000/- per month rentals can be shown without any requirement of submission of rent receipts.
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