Can your HRA tax exemption claim get rejected despite submitting all proofs?Salaried individuals claiming HRA tax exemption should ensure accuracy and compliance, as discrepancies can lead to rejection. Tax officers...
10 Jul, 2025, 10.25 AM IST
HRA tax exemption: Five things to know about rent paid to spouseThe rent received is taxable, but not all of it. There is a 30% standard deduction on rental income. If the spouse gets Rs 6 lakh per year ...
31 Jul, 2023, 06.30 AM IST
Claiming HRA exemption on rent paid to spouse? New I-T regime will end this game of truth or dare.In end June, the Income-tax Appellate Tribunal (ITAT), which is the final ‘fact-finding’ authority when it comes to tax disputes, held that...
26 Jul, 2023, 10.51 AM IST
Which gifts are taxable for the recipient and which ones can increase tax liability of giverIt is essential for you to evaluate the transactions to check if it falls under taxable scenarios. If the answer is yes, you should volunta...
04 Mar, 2022, 01.38 PM IST
Can I claim HRA tax exemption for rent paid to spouse while filing ITR?You can certainly claim the rent paid to your wife as an expense for the part of the premises used for your business or profession but gene...
06 Jul, 2020, 12.35 PM IST
Your parents, wife and children can help you save taxes. Here's howSalaried individuals can save tax by paying rent to their parents and availing the HRA exemption benefit.
14 Feb, 2020, 01.40 PM IST
ITAT refuses to rectify its earlier order that disallowed house rent allowanceITAT stated that the onus to prove genuineness of rent paid to a relative lies with the taxpayer, the extent to which HRA can be claimed ex...
27 Oct, 2018, 01.50 PM IST
Not eligible for HRA? Here's how you can claim tax deduction on rent paidSection 80GG of the Income Tax Act allows claiming of tax deduction for the house rent paid for a self-employed or salaried person who has ...
17 Sep, 2018, 06.30 AM IST
How to claim tax exemption on HRA without landlord's PANAs per the Rule 26C of the Income Tax Act, employee needs to fill and submit Form 12BB to one's employer, by mentioning the property owner'...
30 Jun, 2018, 03.26 PM IST
Can you claim HRA tax exemption for rent paid to spouse? Here's what experts sayA taxpayer is entitled to claim HRA exemption for rent paid to his or her spouse provided there is documentation to prove that the arrangem...
29 Jan, 2018, 11.57 AM IST
Will Budget 2018 bring tax relief on rent for self employed on par with HRA exemption?Section 80GG allows self-employed paying rent for the house to lower their tax outgo. However, in comparison to the HRA exemption tax benef...
19 Jan, 2018, 10.38 AM IST
For tax relief, you need proof of rent paid to kinAs per the I-T Act, a salaried taxpayer can claim exemption on HRA, if the property is not owned by him and actual rent has been paid.
11 Apr, 2017, 11.32 AM IST
Frequently asked questions on tax savingSection 80E of the I-T Act allows an individual to claim the entire interest paid on an education loan as a deduction from gross total inco...
22 Feb, 2017, 12.12 PM IST
How dividing rent between spouses can multiply tax gainsIf both you and your spouse are eligible for HRA as part of your salaries, it may work out better if you split the claim.
30 Mar, 2015, 08.20 AM IST
- How to claim tax exemption on your HRA
HRA (House Rent Allowance) forms a crucial component of your income. You can claim tax exemption on your HRA, subject to certain conditions.
07 Jun, 2011, 02.56 AM IST
- Show ’em evidence and they will give you rebate
Records needs to be maintained for each deduction you claim in your tax returns.
28 Jun, 2007, 12.55 AM IST
- Computing tax exempt portion of your HRA
The exemption applicable to house rent allowance (HRA) is covered under Section 10 (13A) of the Income-Tax Act. Normally, it is a part of t...
21 Feb, 2007, 03.38 AM IST