HRA claim for the FY 2022-23

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies HRA claim eligibility for the financial year 2022-23. A relative working in a public sector organisation, receiving annual HRA of Rs. 91,000 and paying Rs. 7,500 monthly rent to her parents, can claim HRA exemption. The exemption is calculated based on the lowest of three factors: actual HRA received, a percentage of salary (50% for metro, 40% for non-metro cities), or rent paid minus 10% of basic salary. Rent receipts are the primary documents required.

Sanjay

Sanjay (Querist)
Follow

19 January 2023 Sir,

Please solve my query my one of the relative is working under Public Sector organisation she receiving HRA around Rs. 91000 yearly she staying in the house of her parents but she paying monthly rent to her parents Rs. 7500/- pm i.e early Rs. 90000/-.

Please guide me she is eligible for claiming the HRA allowance while filing the ITR and what
is documents need to maintain.

Thanks & Regards.
sanjay

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

19 January 2023 You can claim HRA exemption on the lowest of the three:

The amount of HRA your employer, pays you.

If you live in a metro city, 50% of your salary is eligible for HRA deduction. If you live in a non-metro city, 40% of your salary is eligible for HRA deduction.

10% of your basic pay minus the total rent you pay.

You can submit your rent receipts to the employer.

Sanjay

Sanjay (Querist)
Follow

19 January 2023 thanks for your valuable information sir.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

19 January 2023 You are welcome...
..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now