RENT PAID (DEDUCTION) ITR 1

avng infra (108 Points)

16 June 2019

what the limit for rent paid deduction in ITR 1 ( salary person) ??
A.Y.2019-20.

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6 Replies

Rajasekar (TDS Preparer) (1451 Points)
Replied 16 June 2019

1) Actual HRA received
2) Rent paid over and above 10%of pay (Pay + DA)
3) 40% of (Pay + DA)
whichever is less can be claimed as HRA exemption.

avng infra (108 Points)
Replied 16 June 2019

sir HRA, DA kuch received nhi hua.
is case me kya krna hoga ?

(Guest)

The deduction is limited to:

1. Rent paid (-) 10% of total income
2. 5,000 p.m.
3. 25% of total income

Total income is net total income after deductions before this rent deduction above.

avng infra (108 Points)
Replied 16 June 2019

teeno me se jo sbse kam amount hoga wo apply krna h ??

(Guest)

Yes, I forgot to mention.

avng infra (108 Points)
Replied 16 June 2019

ok thanks

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