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house rent rebate

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(Querist)
27 October 2009 I am salaried and my basic pay is Rs. 31790/-. I am getting HRA and living in rented house. how can I get rebate in income tax.
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Sandeep Goyal

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Sandeep Goyal (Expert)
27 October 2009 Least of the following will be allowed as HRA deduction:

(i) Actual HRA received

(ii) 40%(non metro) or 50%(metro)of Basic Pay

(iii) Rent paid - 10% of basic.

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