I have salary income + Rental Income
Can i claim hra, if i have rental income ?
I have salary income + Rental Income
Can i claim hra, if i have rental income ?
If you live in your own home, hra cannot be claimed
Its not taxable but tax exempt. I asked a question today if IT must be reduced by the HRA Exemption and it is still in moderation. HRA exempt is bigger than normal Income tax payable sometimes.
Yes, if you are not living in your own house and paying rent.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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