a friend of mine has received salary arrears pertaining to F.Y.1996-97 in F.Y.2008-09 which includes HRA. now while disclosing tat income can i claim exemption for the HRA included in tat income...? ( i.e.can exemption on HRA received for the F.Y.1996-97 be claimed in this Assessment year)
3 Replies
Kailash Sharma
(CA- Final Student)
(148 Points)
Replied 15 July 2009
I think Balaji
Still We can Claim Exemption because in this Section no where mentioned that HRA should be of same year it can be for last years but exemption should be on the basis of those three conditions to claim HRA Exemption .
RITESH KOTHARI
(B.COM, FCA, DISA(ICAI))
(778 Points)
Replied 15 July 2009
NO HRA EXEMPTION CANNOT BE CLAIMED THIS YEAR ON THE ARREARS RECEIVED.
REFER TO THAT SECTION AND CALCULATE ACCORDINGLY
Lokesh
(CS professional)
(493 Points)
Replied 15 July 2009
Mr. Balaji, One can claim HRA exemption as per sec10(13A) only if he is accomodating himself on a rental house not provided by his employer. In this situation Exemption cannot be claimed as the matter relates to past.
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