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House rent allowance

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Querist : Anonymous (Querist)
15 July 2013 IF PERSON LIVES IN RENTED HOUSE CAN HE CLAIM HRA EXMPTION DURING FILING OF ITR IF SAME HAS NOT BEEN CONSIDER BY EMPLOYER AND DEDUCTED TDS ACCORDINGLY.
IS THERE ANY ISSUE IF SALARY INCOME DIFFER DUE TO HRA EXEMPTION AS PER TDS CERTIFICATE ISSUED BY EMPLOYER IN WHICH HRA HAS NOT BEEN CLAIMED AND ITR FILED BY EMPLOYEE WITH HRA EXEMPTION.


15 July 2013 No, bt u can claim the benefit of rent paid under sec 80gg.
Deductions is respect of rents paid (Section 80GG):Section 80GG allows the employee to a deduction in respect of house rent paid by him for his own residence.Deduction available is the least of1) Rent paid less 10% of total income2) Rs. 2000/- per month i.e. Maximum Deduction available is 24,000/-3) 25% of total income, provideda) Assessee or his spouse or minor child should not own residential accommodation at the place of employment.b) He should not be in receipt ofhouse rent allowance.c) He should not have self occupied residential premises in any other place.
regards



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