HRA related questions

Save Share

This query is : Resolved

Quick Summary

This discussion explores the possibility of claiming House Rent Allowance (HRA) when renting from your mother, who lives in a non-metro city. Key questions include whether this arrangement is permissible, if a formal rent agreement is necessary, and if owning a commercial property in your name prevents HRA claims. The consensus is that while renting from a parent might be possible, a rent agreement is likely required, and owning a commercial property generally disqualifies you from claiming HRA.

nazneen k

nazneen k (Querist)
Follow

21 July 2024 Hi
Suppose I m doing job in Mumbai and have opt for HRA from company.
Can I claim HRA From my mother who is living in non metro city.
By having a clause of 40% of salary.
And I ll transfer every month some amount in her account.
Question 1:can I claim HRA paying to Mom
Question 2: do i need rent agreement
Question 3:If I have any property in Mumbai still I can claim HRA.
PLZ REPLY

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

21 July 2024 1. eligible if she is the owner of HP
2. Yes.
3. No.

nazneen k

nazneen k (Querist)
Follow

21 July 2024 The property which I m talking abt to have mine is commercial property
And I won't take any deduction under house property.
Still I cnt take HRA exemption

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

22 July 2024 No, HRA cannot be claimed against commercial property.

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

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!