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HRA exemption
I am paying rent for two cities in different states. One for dependent and another for self. No rent agreement dependent's side but I have rent agreement. Will I get exemption for both? Rent is 6000+7500...I transfer the rent through IMPS ans have bank statement for that.
Replies (3)
Going throughout the section 10(13A) of Income Tax Act, 1961, it is ample clear that deduction can only be claimed for the rent paid in the city of employment which you usually occupy for weekdays. So, only 6000/- can be claimed in this case.
क्या मैडिकल सुविधाओं पर खर्चों का बिल पेश करना आवश्यक है क्योंकि वर्ष भर में बीस हजार रुपए के लगभग तो बिना क्लेम के खर्च हो जाते हैं
Not needed now.
As per an amendment in the Budget 2018, tax exemption on medical reimbursement amounting to INR 15,000 (and transport allowance amounting to INR 19,200) in a financial year have been replaced with a standard deduction of INR 40,000.
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