I am a salaried employee, MY HRA is 32000/- P.M. Recently i have shifted in a rental house and the total actual rent is 20000/- PM. Out of that 12000/- as rent of the house and 8000/- is for furniture and fixture.
Can i claim deduction of full 20000/- or only 12000/- is deductible? How can i claim deduction of 8000/- of furniture and fixture. Please suggest me a work around so that i can claim for house rent as well furniture and fixture.
03 August 2009
as per law you can claim only 12k as HRA. To get the full deduction prepare your leased & licence agreement & make the 20K rent as combined amount. Don't show 8K is for furniture & fixture.