Employee staying in Govt. Quaters, and HRA deducted from his salary, but mantioned yearly statement (i.e added in Gross Salary. Can we minus from Gross income? at the time of filling Income tax. Thanks.
Replies (2)
Quick Summary
This discussion clarifies whether an employee living in government quarters, with HRA deducted from their salary but included in gross income, can claim an HRA exemption for income tax purposes. The consensus is yes, you can indeed claim HRA when filing your Income Tax Return (ITR) to reduce your taxable income.