Rental Income


This query is : Resolved 

Quick Summary
Sanjay is seeking advice on whether he can claim HRA deductions on his salary while receiving rent from his mother, particularly as a loan is also involved. He wants to know if this arrangement poses any issues according to the Income Tax Act. The initial response confirms that salaried individuals can indeed claim HRA deductions.

26 February 2020 Sir
Hello All
I am Sanjay. I want to know that:
If I am giving rent to my mother and the loan amount is also standing between us, then is there any problem in books of accounts according to Income tax act..
I have to receive amount from my mother for Rs.25L.
Is there any way by which I can claim HRA deduction from the salary?
Pl advise.
Regards

26 March 2020 Pl reply Sir the query

29 May 2020 Yes. If you are salaried you can claim HRA Deductions.


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