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Hra and rent paid

amay (student) (41 Points)

28 May 2022

can i claim both rent paid and hra allowance

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25 Replies

CA Raj Doshi (Practising CA) (8944 Points)
Replied 28 May 2022

Hra exemption is a number which gets reduced depending on rent paid, basic salary, hra allowance, Metro or non metro city.

So it is only one exemption available for the rent.. and not two.

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Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 29 May 2022

If you have own house in your native and paying housing loan and if you are staying in rented house and doing job in different city then you can claim both

sabyasachi mukherjee (27736 Points)
Replied 29 May 2022

If you own your house you cannot claim hra

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 29 May 2022

Can be claimed subject to conditions

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 29 May 2022

Either you can claim exemption for rent or for HRA, both exemption will not be available

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Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 29 May 2022

If you have own house in your native and paying housing loan and if you are staying in rented house and doing job in different city then you can claim both

rama krishnan (12244 Points)
Replied 31 May 2022

Quantum of hra allowance deductible depends upon the amount of rent paid. if you're not in receipt of hra, you can claim deduction towards rent paid under section 80gg subject to a maximum of 60,000. similarly, 1. actual hra received or 2. 50% of salary or 3. rent paid in excess of 10% salary, least of the above 3 can be claimed as exemption under section 10(13A)

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 31 May 2022

If you have own house in your native and paying housing loan and if you are staying in rented house and doing job in different city then you can claim both

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 31 May 2022

@ Eshwar Reddy you already replied same earlier on this post, now you again posting the same reply. Don't make fool of such a good platform

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 31 May 2022

@ I feel others are giving wrong answer for the query.

Don't target me . Look the answer previous to this .

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rama krishnan (12244 Points)
Replied 31 May 2022

@ Eswar reddy. if you are mentioning about my reply, I would like to clarify that the queriest query was whether he can claim both the rent paid by him as tenant and hra received by him, as deduction. on any scenarios, one cannot claim both rent paid him and hra received by him as deduction. the precondition to claim rent paid as deduction is that he shouldn't be in receipt of hra as per section 80gg. similarly, quantum of hra allowed as deduction depends upon the rent paid him as per the condition stipulated in section 10(13a). owning house, paying house loan, residing in other city are totally irrelevant to the query under question.

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