Can i claim deductions for the rent i am paying

josh (IT) (256 Points)

29 July 2017  

I am out of job and no salary income. My only source of income is from interest from fixed deposits in the bank. I am living in a rented house and paying rent on monthly basis.

Can I claim deductions for the rent I am paying ? If yes ,  how much I can claim and which IT tax sections applies to this scenario.

will HRA can be applicable to people who are not in job ????

Please respond as per your convenience

Thanks

Josh