Hra exemption-(given in case if house is owned by huf)?
This query is : Resolved
05 October 2012
Will HRA exemption be given in case rent is paid by a assessee to huf(of which he is a member)
The act says following 2 conditions need to be satisfied : -
1)rent actually paid by assessee
2)no house in name of assessee
but nothing is given
What shall be the treatment?Kindly elaborate please.....
The act says following 2 conditions need to be satisfied : -
1)rent actually paid by assessee
2)no house in name of assessee
but nothing is given
What shall be the treatment?Kindly elaborate please.....
Amol S Joglekar
(Expert)
05 October 2012
Yes, the HRA exemption can be claimed in such case.
CA Rakesh Goenka
(Expert)
05 October 2012
AGREE WITH ABOVE EXPERT HE CAN CLAIM EXEMPTION IF HE TRULY PAYING THE RENT..................
deepali agarwal
(Expert)
06 October 2012
Yes if he does not have a house and he is paying rent then he can claim HRA
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