Tax on rent paid to landlord

Govind (Sales Manager) (24 Points)

17 February 2012  

I have 2 agreements (1) Rental Agreement for Rs. 30,000/- per month and (2) Furniture and Fixtrues Agreement for Rs. 10,000/- per month for the furniture provided.

 

In the above scneario, for the purposes of HRA rebate, should it be treated as Rs. 40,000/- or is it to be treated as Rs. 30,000/- only

I am a Tax Assessee under "Individual" category