Can rent allowance be claimed for more than one property?
It is important to note that the income tax department may scrutinize your HRA claim if you are claiming it for multiple properties
Source: livemint.com
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Rent to mom, NPS cut income tax by Rs 86,000; know how
How to bring down the tax outgo significantly by claiming all the deductions available to him. Use HRA exemption; NPS benefits offered by company, LTA and medical insurance to reduce income tax outgo. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their income and investments.
Source: indiatimes.com
ITR filing 2023: My spouse and I shared rental income for FY 2022-23. Can we both claim tax exemption while filing ITR?
In this edition of Ask Money Today, find out how can you claim HRA exemption on rented accommodation.
Source: businesstoday.in
Can You Claim For HRA Exemption If Rent Is Paid To Your Parents?
House Rent Allowance or HRA is part of an employee's salary that employers provide to cover the cost of their rental accommodation.
Source: india.com
Can I claim HRA for rent that parents pay?
Section 10(13A) of the Income-tax Act, 1961 read with Rule 2A of the Income-tax Rules, 1962, governs the exemption towards HRA received from employer.
Source: livemint.com