Computation of House Rent Allowance (HRA) - [Section 10(13A) AND RULE 2A]

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..... o employees. 2. An employee can claim exemption on his HRA. In order to claim the deduction, the employee must actually pay rent for the house which he occupies and the rented premises must not be owned by him. 3. HRA is exempt u/s 10(13A ) to the extent of minimum of the following three amounts:- 1) Actual house rent allowance received from your employer 2) Actual house rent paid by you minus 10% .....

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..... receipt for HRA claim. However, similar rules don't allow you to pay rent to your spouse and claim a tax exemption. If the annual rent of your accommodation exceeds ₹ 1,00,000, then presenting the landlord's PAN card/self declaration (in case he does not have a PAN card) is mandatory. In case your landlord is an NRI, you must deduct 30% tax from the rent amount that needs to be decla .....

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