banner_ad

How to claim hra if we stayed in lease house

Tax queries 5010 views 8 replies
User Avatar

Asst Manager Finance & Accounts
81 Points Posted on 30 December 2017

Dear Expert 

Kindly advice if we take home on leased base for 3 years by paying lumsum amount,in this can we claim HRA deduction?

How shll we give rent receipt for particular year

Rgds

Karthik

Reply Share Follow
On 30 December 2017 at 09:20 Report
Replies (8)
User Avatar

Articled assistant
663 Points Posted on 30 December 2017
no need of rent receipt agreement is enough for claiming and rent payment confirmation for the year is enough
2 Reply
On 30 December 2017 at 13:00
User Avatar

Articled assistant
663 Points Posted on 30 December 2017
calculation rent paid in excess of 10% of salary or 40% of salary,or HRA received which ever is lower is exempted .so you should have supporting for rent paid that can be agreement or bank payment confirmation in statement of your bank.
2 Reply
On 30 December 2017 at 13:02
User Avatar

Articled assistant
663 Points Posted on 30 December 2017
ask the receipt by splitting the rent for 3 years proportionate ly
2 Reply
On 30 December 2017 at 13:02
User Avatar

Articled assistant
663 Points Posted on 30 December 2017
if you have own house in the location of your employment then no exemption is available
2 Reply
On 30 December 2017 at 13:03
User Avatar

Asst Manager Finance & Accounts
81 Points Posted on 31 December 2017
Ok ...thanks Mr Sanjit for u r prompt reply....
Reply
On 31 December 2017 at 18:54
User Avatar

Articled assistant
663 Points Posted on 31 December 2017
welcome karhik Kumar ji
2 Reply
On 31 December 2017 at 19:01
User Avatar

Articled assistant
663 Points Posted on 31 December 2017
Sorry Karthik
2 Reply
On 31 December 2017 at 19:01
User Avatar

2 Points Posted on 31 May 2019

Hi Sanjith,

Could you advise more on this For ex. if lease amount is 5 Lakhs for 2 years, should I request for receipt of 2.5L/year and submit the same under HRA exemption? 

 

Looking forward for a quick reply. 

 

Thanks,

Kasim

Reply
On 31 May 2019 at 14:35


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details