Asking on behalf of a friend
"Due to certain issues I has to take on rent a house which has a monthly rent of 21000....
My monthly salary is just 28000.....Is this allowed....I was told that the IT department will take action as I am paying more rent than what is allowed based on what salary Iam receiving....Meaning around 10% of salary can go as expense for House rent....If it's more the IT department will call you for scrutiny since your living an expensive lifestyle?"
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HRA under section 80GG
Replies (3)
This is utter nonsense.
If you are able to afford such costly house rent , zaroor you must be having second source of income. The problem will arise when the IT dept feels that you have suppressed such income and evaded the tax.
@ V.Raghunadh Extremely Sorry Sir....It was a typo....The friend has a salary of 48000 per month......I had written 28000 by mistake...
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