An employee is residing in a house purchased with the bank finance in the name of his spouse. He is drawing house rent allowance. He is paying rent for the house occupied by his parents through his bank account. Can he claim HRA exemption from his salary while filing IT returns.
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Quick Summary
An employee is seeking clarification on whether they can claim House Rent Allowance (HRA) exemption for rent paid on a property occupied by their parents. The employee resides in a different property financed by a bank loan in their spouse's name. The key question is whether paying rent for parents' accommodation, who are financially dependent, qualifies for HRA tax benefits.
As I am not understanding the meaning of your last reply, I would like to seek clarification as to whether assessee can claim exemption of the house rent paid by him for his parent's house as they are solely dependant on him.
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