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HRA CLAIM and House Loan claim


CA ALPESH SOMANI (JOB)     15 August 2020

CA ALPESH SOMANI
JOB 
 3 likes  195 points

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In salary return can we claim HRA if employee is living in self owned house, but employer is providing HRA in form 16.

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vikram chouhan   15 August 2020

vikram chouhan

 3 likes  72 points

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HRA can be claimed when employee is living in a rental place if employee is living in his own house and employer is paying HRA is fully taxable in the hand of assessee

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Sagar Patel (Tax and Business Consultant)     16 August 2020

Sagar Patel
Tax and Business Consultant 
 805 likes  8819 points

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No, As per provision of Income tax Act, If you are living in Self occupied property (Not rented house), than you can not claim HRA exemption.

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jacinthamary (accountant)     16 August 2020

jacinthamary
accountant 
 27 likes  458 points

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As per IT act you cannot claim HRA if you live in self occupied own house. But most of the employees in my area claim that in their return. when we say its against the they file their returns themselves.

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GNYANA UPANISHAD   22 August 2020

GNYANA UPANISHAD

 4 likes  156 points

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There are few conditions to claim deduction for hra
*assesee should incur rental expense.
* assesee should not live in their own house


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