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HRA - Claim

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)

08 December 2021

Can we claim hra if not mention in form 16 ., if yes means what is the procedure for fiing manually

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5 Replies

Jatin Mittal (CA) (38 Points)
Replied 08 December 2021

Yes, we can take exemption of HRA even if it is not declared in form 16. While filing the return, we have to calculate HRA exempt as per rules provided in Income Tax Act, and then we can take exemption for the same at the time of filing the return.

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sabyasachi mukherjee (27819 Points)
Replied 09 December 2021

Sec 10 (13A) Rules 2A
there are specific set of rules.

Tanuj Chandra Saxenaa (Company Secretary) (7085 Points)
Replied 11 December 2021

In case hra not mentioned in form16 then as per section 10(13a) you can take a exemption of Hra Calculation as per rules in it act 1961

sabyasachi mukherjee (27819 Points)
Replied 12 December 2021

Obviously lower of three conditions.

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 20 December 2021

An employee can avail tax benefit on HRA as per the rules laid out in the law, provided he/she is paying rent and living on the rented accommodation. For most employees, House Rent Allowance (HRA) is a part of their salary structure. Although it is a part of your salary, HRA, unlike basic salary, is not fully taxable.