what the limit for rent paid deduction in ITR 1 ( salary person) ??
A.Y.2019-20.
Menu
RENT PAID (DEDUCTION) ITR 1
Replies (6)
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.
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.
sir HRA, DA kuch received nhi hua.
is case me kya krna hoga ?
is case me kya krna hoga ?
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.
teeno me se jo sbse kam amount hoga wo apply krna h ??
Yes, I forgot to mention.
ok thanks
Recent Topics :
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
Related Topics :
CAclubindia
