23 October 2019
You cannot claim the House rent benefit in your income tax return if house rent allowance is not in the salary component.. If HRA is in your salary package, the house rent benefit would be : 50% of basic ( for metros ) and 40% for others on basic pay Actual rent paid Excess rent paid over 10% of basic pay which ever is lower.
If the monthly house rent is more than Rs.5000/- the receipt should be stamped. If the annual house rent is more than Rs.1,00,000/- the PAN number of the landlord to be provided to employer in addition to house rent receipt.
23 October 2019
What is the income shown in your ITR ? What is the income as per 26 AS ? Please work out the difference. Based on this decision to be taken .
23 October 2019
Sir Which income shows in 26as I had taken same and only HRA claim itr. Which was not taken from Employer. Please suggest me what should I do.