29 December 2008
In the month of april'08 i received HRA for 7 days but actual rent paid was for 30 days. so my question is can I claim HRA exemption for 30 days or proportionate basis for 10 dyas . for e.g. HRA Recd. for 7 days Rs 1500 Actual rent paid for 30 days Rs 3300 Basic salary for 30 days Rs 14000 then how much amount i can claim as exemption on account of HRA U/s 10(13A). Please advise me.
Please visit http://www.sunilgandhi.com/salary.html and read the following:
"HRA actually received has to necessarily pertain to the period in the previous year when the rental accommodation is occupied by the employee - meaning, HRA received for that period during which the employee was not occupying the rental accommodation will not be exempt...".
Also refer Para 13.1 of 31st edition of Singhania's Reckoner according to which HRA received for calculation purpose is "...in respect of the period during which the rental accomodation is occupied..."
So it appears to me that proportionate amount only has to be considered
For academic interest, let us take a hypothetical case. Suppose a person comes to city in Apr, takes a bachelor room for stay and keeps on searching for a job. He gets job in Mar. So receives HRA for one month. Can we adopt rent paid by him from Apr to Feb while he was searching for job? Please review
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