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Querist : Anonymous

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Querist : Anonymous (Querist)
18 January 2014 "Mr. A" (owner) has rented a house to "Mr. B" (tenant) @ 20000/- p.m. In turn "Mr. B" sub-lets the house to "Mr. C" @ 30000/- p.m.

(1) Is "Mr. C" entitled to claim HRA benefit u/s 10 of the Income Tax Act?

(2) Can "Mr B" & "Mr C" both claim HRA benefit as both are paying rent?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
18 January 2014 1. Yes Mr. C is entitled too HRA exemption.
2. Both Mr. B & Mrc. C can avail HRA benefit.

3. Income from subletting shall be taxable in the hands of Mr. B under the head income from house property.
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@VaibhavJ

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@VaibhavJ (Expert)
18 January 2014 Agree with expert

Thanks!!
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