Dear All,
Please tell me what is the amount limited to House Rent Allowance under income tax computation on salary if there is not agreement and receipt.
Kindly suggest.
Soumya (Senior Accounts Executive) (235 Points)
23 June 2016Dear All,
Please tell me what is the amount limited to House Rent Allowance under income tax computation on salary if there is not agreement and receipt.
Kindly suggest.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 23 June 2016
If there is no agreement or receipt, then exemption for HRA u/s 10(13A) cannot be availed as there is no supporting document in respect of rent paid.
Vinay somani (CA, CS)
(Assistant Manager-Accounts)
(549 Points)
Replied 23 June 2016
Agree With Poornima
VISHAL GARG
(Learning from life)
(106 Points)
Replied 24 June 2016
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