I have salary income + Rental Income
Can i claim hra, if i have rental income ?
Claiming of HRA
yogesh_patel (Propreitor) (71 Points)
03 January 2023yogesh_patel (Propreitor) (71 Points)
03 January 2023I have salary income + Rental Income
Can i claim hra, if i have rental income ?
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 03 January 2023
If you live in your own home, hra cannot be claimed
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 03 January 2023
Its not taxable but tax exempt. I asked a question today if IT must be reduced by the HRA Exemption and it is still in moderation. HRA exempt is bigger than normal Income tax payable sometimes.
Manish
(CA)
(1174 Points)
Replied 03 January 2023
Yes, if you are not living in your own house and paying rent.