HRA exemption

This discussion clarifies how to claim House Rent Allowance (HRA) exemption for the financial year 2019-20. It confirms that you can claim HRA exemption on your Income Tax Return (ITR) for that period, even if received in a subsequent year. The exemption is calculated based on the minimum of rent paid, HRA received, and 10% of basic salary plus dearness allowance, with specific limits for non-metro cities.