Rental income

1. Rent received will be your income under house property. You can claim standard deduction @ 30% and deduction towards property tax paid and interest on loan if any
2. For the rent that is paid, you can claim deduction u/s 10(13A)
3. There is no possibility to adjust rent paid against rent received. Both have to be treated separately as above.

If you are a salaried employee and you get HRA, you can claim your rent as ded under HRA ie 10(13A),as poornima madam explained.It comes U/h Salary.

The rent received is income from house property. It comes under head House property.

I m sorry, but pls clarify.  I m salaried but not getting HRA and claiming deduction for Home Loan interest and Principal. Now Please advice what will be treatement.

Its ok if u r not claiming HRA. Your rent paid will not get deducted anywhere.

If you are not getting HRA, then you can claim (nominal) deduction u/s 80GG in respect of rent paid.

I have flat in my name which is given on rent still i can claim.

If you declare rental income from such house and if you actually pay rent for the house in which you reside, you can claim deduction

Both the rent received and rent paid are be the part of U/S 24.

for rent paid you can easily get the deduction 30%u/s 24(c) 

and u can claim deduction also u/s 80GG