Sage-Tips

Can I claim HRA if I own a house in same city?

No, you cannot claim HRA exemption if you are living in a different house in the same city and have a Self Occupied House in the same city.

What is location based HRA?

Basis on which HRA is decided In case the individual resides in a metro city, then he/she is entitled to an HRA equal to 50\% of the salary. For cities other than a metro, the entitlement is 40\% of the salary.

Can I claim HRA If I live in my own house?

House rent allowance is eligible for HRA deduction under Section 10(13A) of the Income Tax Act if an individual meets the following criteria: The person claiming HRA deduction is a salaried or a self-employed individual. The person must be living in a rented house. HRA tax calculations cannot be made for living in your own house.

What is the eligibility criteria for Wipro interview?

Candidates who have participated in any Wipro Interview process in the last 6 Months are not eligible. Should be from a Full-time Degree course recognized by the Central/State Government of India. The candidates must not have any pending attendance requirement with the college.

Can an Indian employee claim HRA in two different countries?

So, even during normal times and in spite of the employer and employee being situated in two different countries, the Indian law will still allow the Indian employee to claim the HRA benefit, as long as he complies with the basic conditions of having paid the rent for the residential accommodation occupied by him and not owned by him.

Can an employee claim the HRA exemption in residential accommodation?

* The section does not contain any condition as to the place for which the employee can claim the HRA exemption, as long as the residential accommodation is occupied by the employee and the other conditions are satisfied.