RENT PAID (DEDUCTION) ITR 1



what the limit for rent paid deduction in ITR 1 ( salary person) ??
A.Y.2019-20.
 
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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.
 
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sir HRA, DA kuch received nhi hua.
is case me kya krna hoga ?
 
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CA

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.

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

Yes, I forgot to mention.
 
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ok thanks
 
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