Can you claim HRA tax exemption for society maintenance charges?
“No HRA exemption should be allowed if it is paid separately. If composite rent is being paid, including the maintenance ...
India Infoline1y
House Rent Allowance (HRA) Calculator
The House Rent Allowance (HRA) is a crucial component of your salary if you live in rented accommodation. Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool ...
Tax Guru5d
Received a Notice on HRA Claims? Here’s How to Stay Compliant
Many taxpayers who have claimed an HRA deduction exceeding ₹5 lakh in their income tax returns have received an email from ...
New income tax slabs under the new tax regime
With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...
Income Tax dept sends notices for HRA claims without TDS deductions. Here's what you can do
Tenants must deduct 2% TDS if their monthly rent exceeds ₹50,000, if the landlord is a resident Indian and 31.2% if the ...
Business Today3d
Rent above ₹50,000 per month? Why claiming HRA alone won't keep the Income Tax department away
You pay your rent diligently each month, file your income tax returns on time, and even claim your House Rent Allowance (HRA). But suddenly, an unexpected Income Tax Notice arrives, questioning ...
Claimed HRA but skipped TDS on rent? The taxman wants answers
The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...
Income Tax: Can you claim HRA tax exemption for society maintenance charges also?
Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA ...