Hra claiming u/s 10(13a) of the income tax act,

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Rajesh (Querist)
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10 November 2012 Resected Experts,
I just want to be get clarified w.r.t HRA exemption.
Suppose if i pay Rs.10000 per month as rent, he says only Rs.5500 is for rent, the balance are for amenities such as electricity, water, bed, television etc. Can i claim HRA for the entire 10000 or just for 5500. I need this clarification very urgent.

Thanks and Regards,
Rajesh

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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11 November 2012 Rent meaning for HRA claim not given in the act. but as per Rent definition u/s.194I of of the act Rent includes any building and furniture & machinery. so what ever the amenties like electricity, water,bed etc. will not form part of the rent.

So my view only Rs.5500/- will eligible as Rent for claiming HRA

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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11 November 2012 Further, for specified employees amenities as mentioned here in above are taxable perquisites, so in no case the amount of Balance Rs 4500/- will be considered as part of HRA.

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