In the video, he mentioned only t he basic salary which is without da, ta and other allowances, but in a calculation of hra exemption, the da+basic salary is counted.
I have some confusion regarding ITR that we will in this year after competition of FY 2022 So, My annual income is 540000, and I have invested 20000 in ppf account. I am little bit confused should I invest more because as per my knowledge standard deduction of 50k will be applicable on salaried class and I have one more query if I want to claim HRA then I have to show rent agreement or something please guide me In short do I need to invest more to get my TDS back ... ?
Yes it is best to have all documents in place.. you can simply have aren't declaration being signed by you and parent who is the owner of the property and submit it to your employer for tax calculation and deduction purpose
Hi Very well explained Thank you for the detailed info i have provided my landlords PAN , but later got to know that property owner is his relative will my HRA gets rejected pleaseeeee kindly help me with this
Mera to landlord rent agreement me sign करने से इंकार कर रहा है, Paying 7000 per month. Kya registered rent agreement without landlord HRA claim कर सकते हैं? Itr filing के समय? Plz help me
Sir aapke last tip Mei, for salaried employee kya humko rent agreement dena compulsory hai kya with rent receipts ke sath office Mei??? If total yearly rent is below 1 lakh
Kya ham march month me parents ke Bank account me total year ka rent like 1 L rupees transfer kar de to HRA claim. Kar sakte hai kya.. salary employees ke liye
If i pay rent to my parents & claim hra exemption,Then is it mandatory to file itr for parent to whom i have paid rent? Also plz guide to what extent i can pay rent in cash which can be considerable as per guidelines...??
Sir, very good video.. my confusion cleared, if rent is very low that Rent-10% basic negative ajaye tab HRA deduction claim hi nahi kar sakte.. maniye apke example mein rent agar ₹2500 ho tab..
Yes I also want clarification in this case.. What if difference between actual HRA received and 10% of Basic salary is negative.. Can we claim HRA exemption
Thanks for the information. Company provides me Basic + HRA + other allowances , i am staying in parents house. Can i ask my company to pay only Basic + other allowances, pls suggest
Imp. Que.. : What if the employee and his parent owns a joint ownership of the house accomodation. Can he pay rent to his joint owner parent and take exemption benifit...?
Now my manager wants me at office. Can I pay rent at 2 places? Like: actual rent + rent paid to parents, to maximize and claim total on HRA? Note: 1. Parents live in different city than which I work in. So both locations are in different cities. 2. My parents are not dependent on me. I think I still can pay it to both as I need both places on rent?
Hi, can someone advice on this - I got a demand notice under section 143 one month back - it is basically proposing to disallow my HRA. While.it is mentioned clearly in my form 16 but the department is not considering it - don't know why - i have provided a respose also and raised a grievance also but not getting any feedback from them - its been more than a month Is there something I can do Please help
Hi sir...... I am not staying in a rented house......but if I want to exempt 80,000 as HRA..... Do I need to submit any rental proof and pan card while filing ITR returns????
@@fincalc sir, if the owner is mother and don't have any other source of income and rent paid is less than 250000, i.e.let say 150000, still they require to file ITR? Kindly suggest
Sir Mai Paramilitary me job krta hu or mujhe mere pay slip me HRA milta h bt 16no. Form me HRA ka amount gross salary me include hota.. Alag se HRA ka amount show nhi hota h Or mai rent v pay nhi krta hu or naa hee mere pas rent agreement h. Mai apne parents k sath rhta hu bt wo ghar parents k naam pr h mere naam se koi v property(ghar) nhi h Toh kya mai HRA CLAIM KR SKTA HU?
Sir, can any person claim HRA exemption by paying rent in two different cities. For example person A lives in delhi on rent with wife and kids. He got new job in Mumbai. Due to children school he decided not to take family with him and took another rented apartment in Mumbai for himself. Now A is paying rent for 2 property- in delhi and in Mumbai. Both rent agreement are on his name. Can he consider both rent amount while calculating exemption for HRA? Pls help sir as I couldn’t find answer to this anywhere. Thanks in advance.
Hello Sir, I don't have rent agreement for period march-2020 to dec-2020, but i have paid the rent to landlord by net banking, and after that i have made agreement for 33 month from jan-2021 to onwards..In this case can i claim HRA for full year or only for the period jan-21 to march-21 ( ie only for three months). Is it possible to claim with only 3 months rent receipts?
Depends on your organization's process. Some organizations need rent agreement mandatorily else they won't consider HRA in TAX Calculation. You can however work it out during ITR filing.
I want to claim HRA deduction for Apr2022 to Mar2023 but as I have not made rent agreement earlier because I was not aware it is mandatory so can I make the agreement on today's date of stamp paper Is it valid to Submit to income tax dept if scrutiny comes
Lekin agar Parents ka income taxable hai to aise samayme by getting rental amt from our children then ye Parents ka income karke show karna padega.Vapas Ye income( in the form of rent) will become taxable amount of Parents.
सर हमार एक doubt है पहले 9 महीने तक केवल सैलरी रिसीव हुआ हो और अगले 3 महीना में HRA मिलना शुरू हो गया हो जबकि हम एक रेंटेड प्रॉपर्टी में रहते हैं जिसका किराया हम ऑनलाइन पे कर रहे हैं तो क्या हम HRA ka claim कर सकते हैं या 80GG का ya दोनों कर सकते हैं Kon sa better hoga
Thank you sir Your videos are always helping me a lot This year I was a govt employees in the month MAR -22 and April-2022 and received HRA but after that I joined a non govt added institute where there is no HRA then can I claim HRA exemption
if any one have paid rent to two landlords of amounts below Rs. 1 lakh each (for eg. Rs.1.8 lakh in total). Do I still need to submit the PAN details of both my landlords to my employer for claiming the HRA exemption?
Kaisa laga aapko HRA calculator with examples? COMMENT KARO 👇👇
JOIN Telegram Group
t.me/fincalc_tv_channel
*... wow, very nice... great information... thanks to you...*
When you claim rebate in section 80gg, you will have to file declaration form also.
Whether DA on salaried of Govt employees be taken in part of salary for computation of HRA.
Admin bro , Hi, muze salary me HRA milta he but muze wo HRA deduction nai Lena...so ye excel wala calculation applicable hoga mere case me??
Aapke case me Jo min amount he 84k wo taxable income se minus kroge toh aapka taxable income aur kam hoga rht ?
Superb sir Aaj aapka video dekh ke mene hrs shikha khub dhanyawad
In the video, he mentioned only t
he basic salary which is without da, ta and other allowances, but in a calculation of hra exemption, the da+basic salary is counted.
You are right
DA only taken when it's part of employment contract
Hii Abhilash
Nice to see you here, Grt work!
Thank you so much 😀
Thank you for this amazing video and knowledge... All the best :)
Glad it was helpful!
Sir aapka explain karne ka tarika hame bahut achcha laga.sir sukanya NSC and CEA kabhe explain ker ke batayiye.
thanks. Sukanya aur NSC ke liye ye videos dekho:
Sukanya: ruclips.net/video/u2VUWt6Yaqc/видео.html
NSC: ruclips.net/video/JxWPGBFjBjs/видео.html
Sir
If in my salary slip. Only DA component given but HRA not given. Then how to calculate min Value???
Excellent explanation
Thanks 👍🙂
Thank you for your nice video🎥.
Thank you too
GOOD INFORMATION THANK YOU SIR....THANKS A LOT
Welcome 👍
Superb video
Thanks
Well explained thank u😇
Welcome 👍🙂
Very good.
Thanks 👍🙂
Mr. This was applicable in old Portal, in new Portal you have to give Talant receipt, Pan card & Receipt etc. Special page for 80GG
Upto limit 100000
What is talant receipt?
If I live in a house owned by my wife that is financed by bank, can I claim deduction in income tax for 22-23 F.Y.?
@@vermaprakash29555Tenant Receipt
Nice vdo
Thanks 🙂👍
Very nice 👌👌👌
Thanks
Very nice
Thanks
Thanks
Welcome
Very good information sir
Thanks and welcome. SUBSCRIBE for more such videos and share with your friends
Nice
@@vandanajoshifamily8765 thanks :)
Nicely explained
Thanks for liking. stay connected
Nashik, Maharashtra, India
Informative VDO,👍आपका समय और ज्ञान का योगदान देने के लिए धन्यवाद🙏ITR 4 New regime मे 80GG क्लेम कर सकते है?
I have some confusion regarding ITR that we will in this year after competition of FY 2022 So, My annual income is 540000, and I have invested 20000 in ppf account. I am little bit confused should I invest more because as per my knowledge standard deduction of 50k will be applicable on salaried class and I have one more query if I want to claim HRA then I have to show rent agreement or something please guide me In short do I need to invest more to get my TDS back ... ?
If we adopt 2nd option (actual rent- 10% of BS) then will we have to submit receipts or any declaration or any transaction details.
Ty sir
welcome
Do we need a rent agreement with parents to get HRA by paying rent to parents?
Yes
Hi, Will I get the HRA amount (part in salary structure) in my salary if we own a house? please let me know
Good explanation bro..
*... wow, very nice... great information... thanks to you...*
Welcome 🙂👍
If employer not paying HRA then in that case HRA deduction permitted or only in case of HRA received. For example pensioner.
Can be claimed under section 80GG if HRA is not being received. Maximum of rs. 60,000 is allowed to be claimed in year in this section
Very nicely explained house rent allowance
#dnyandarshan
Thanks
Sir as u said paying rent to parents do we need rent agreement in this case..?
Yes it is best to have all documents in place.. you can simply have aren't declaration being signed by you and parent who is the owner of the property and submit it to your employer for tax calculation and deduction purpose
Hi
Very well explained Thank you for the detailed info
i have provided my landlords PAN , but later got to know that property owner is his relative
will my HRA gets rejected
pleaseeeee kindly help me with this
Is furnishing PAN no of landlord essential . What document or condition is required for claiming HRA .
Mera to landlord rent agreement me sign करने से इंकार कर रहा है, Paying 7000 per month. Kya registered rent agreement without landlord HRA claim कर सकते हैं? Itr filing के समय? Plz help me
What Amt to be exempted if after deduction of 10 percent amt of Bp from rent received comes negative
Sir aapke last tip Mei, for salaried employee kya humko rent agreement dena compulsory hai kya with rent receipts ke sath office Mei??? If total yearly rent is below 1 lakh
Agar employer maangta hai to dena padega na
Good question..
aur uspe parents ko tax bharna pdega if they fall under taxable slab, right?
Yes
Basic pay ke Saath DA ki bi need h kya
Kya ham march month me parents ke Bank account me total year ka rent like 1 L rupees transfer kar de to HRA claim. Kar sakte hai kya.. salary employees ke liye
Nahi, har month kijiye, rent receipt parent or any one of them if co-owner hain to sign karke rakhiye... Possible ho to ek rent agreement banwa lijiye
Sir panchkula city mei apna flat hai per mei Chandigarh mei rent per rehti hui pensioner hui--kya mei rent rebate le sakti
Is basic include DA?
Yes
Nice explanation kya ap sample 12bb form bhi bata sakte h
If i pay rent to my parents & claim hra exemption,Then is it mandatory to file itr for parent to whom i have paid rent? Also plz guide to what extent i can pay rent in cash which can be considerable as per guidelines...??
No cash payment to parents.. it's only online payment or cheque... ruclips.net/video/OwXBjdBT4gg/видео.html
Income tax rebit lene ke liye kya bhai ka makan kiray par le sekte h uske liya kya krna hoga
Ha le sakte hai agar makaan aapke Bhai ke naam pe hai to
Whether amount of Dearness Allowance to be taken as part of Salary for calculating HRA exemption. HRA is admissible based on pay only.
Sir, very good video.. my confusion cleared, if rent is very low that Rent-10% basic negative ajaye tab HRA deduction claim hi nahi kar sakte.. maniye apke example mein rent agar ₹2500 ho tab..
Yes I also want clarification in this case..
What if difference between actual HRA received and 10% of Basic salary is negative..
Can we claim HRA exemption
No..0 in this case
HRA ki Receit usi district ki hona jaruri hai jaha Naukari kar rahe hai ?
Dusere district ki mani ja sakti hai kya ?
Sir Rent agreement bi banwana padega kya parents k name se ya fir account mai paise transfer karne se chalega
Salary me basic pay + DA Count नहीं होगा क्या?
Yes basic + DA hoga
Thanks for the information. Company provides me Basic + HRA + other allowances , i am staying in parents house. Can i ask my company to pay only Basic + other allowances, pls suggest
9o
What about Pensioner, Can they also take deduction under 80gg.
Imp. Que.. : What if the employee and his parent owns a joint ownership of the house accomodation. Can he pay rent to his joint owner parent and take exemption benifit...?
No
Sir main rent pe nehi ratahu lekin basic pay ka 9% milta he. Itr me dekha saktahu?
Now my manager wants me at office. Can I pay rent at 2 places? Like: actual rent + rent paid to parents, to maximize and claim total on HRA?
Note:
1. Parents live in different city than which I work in. So both locations are in different cities. 2. My parents are not dependent on me.
I think I still can pay it to both as I need both places on rent?
Ethically it cannot be done bro.. please don't put yourself in trouble by doing so just to save some tax amount
@@fincalc Can i pay to parents saying I am doing WFH and show no expenses/transactions of where I am living
@@arihantjainableDo you find any answer to this question?
can HRA to be paid to sister or brother if we leave on there property
Can pensioner claim hra?
Bhai, abhi metro city & non metro city me HRA 50% of BS & 40% BS hai ya 27% of BS & 18% of BS hai??
50% and 40% hi hai Bhai.. koi rules agar change hue hai recently to check Karna padega
How much money we need to pay to our parents then ? Our actual rent or whichever is minimum amount has come ??
Actual rent amount
@@fincalc okay thank you.
If i transfer money as a rent to my parents account and while claiming HRA is this any documents I need to show while claiming HRA exemption.
Yes rent declaration and rent receipts are good to have
Hi, can someone advice on this
- I got a demand notice under section 143 one month back
- it is basically proposing to disallow my HRA. While.it is mentioned clearly in my form 16 but the department is not considering it - don't know why
- i have provided a respose also and raised a grievance also but not getting any feedback from them
- its been more than a month
Is there something I can do
Please help
8300 uppar mat dalo
Bhai agar hame home state milta he to kya hame hra milega ya nhi.
Whether parent has to show the rent in his income
Yes
Rent recipt amount yearly crossed 1lak means pan card of house owner is required ha
What doc to be attached with rent recipt
Yes Pan card required
Sar agar kisi ka apna khud ke Naam flat Ho the HRA le sakta hai private bank mein salary employee ho
Hi sir...... I am not staying in a rented house......but if I want to exempt 80,000 as HRA..... Do I need to submit any rental proof and pan card while filing ITR returns????
Yes
PAN card of owner only if rent exceeds 100000 per annum. Else, you need to submit rent receipts only.
बेसिक सैलरी में डीए सामिल होगा या नहीं
Which type of documents required for proof of Rent.
Can we claim HRA if I pay rent in cash to my owner?
If total rent is less than 1 lac in a year than shouldn't be a problem
Agar pure Sal ka hra and rent paid Dono 1 lac se kam ho rha h to rent receipt dena padega kya
ha rent receipt dikhana padta hai
Hello bhai, can i get HRA if I purchase a hour out station while I am in rented house in the place of work
yes
Sir g,
Mai company ke Quarter me rahta hu aur mujhe House maintenance allowance milta hai to is condition me kya hoga
Basic salary means BP + DA or only Basic pay pls confirm
Basic pay + DA
Sir home loan hone ke bad bhi kya HRA claim kar sakte hai
Yes
Sir yadi HRA payslip men nahin rahta hai to hum Rent kitna claim kar sakte hain
Bro if I transfer the money to my parents account..do they need to pay tax in IT returns and/or home tax??
yes if transferred as rent
@@fincalc sir, if the owner is mother and don't have any other source of income and rent paid is less than 250000, i.e.let say 150000, still they require to file ITR? Kindly suggest
@@mamgaivc8361 There is no harm in filing for her, as anyway you have to pay 0 tax since she is in 0% tax slab
Helloo… pls clear my confusion.. my accountant said it’s actual rent - 10% of basic + da. But you didn’t mention da
Yes its basic + DA
It's not included in video since most salaried employee only have basic component
@@fincalc Okay! thank you for the response
@@fincalc
if HRA is receive on basic only then exemption of HRA ,DA including in not justify
what if I don't want to include rent paid amount then what will be the HRA claimed, will it be more saving i.e 50% of basic will be minimum
You have to include rent paid in calculations
thanks bhai.. great!
Welcome :)
Hi need help in claiming HRA...
Sir I want to know that whether income tax is calculated on the basis of gross salary or on net salary.
gross income and investments are considered. watch this video ruclips.net/video/USW68EaURfg/видео.html
itr file krne par sec10(13A) me kon se value fill karege...
I have purchased house as joint both husband and wife . Can I show in ITR that m paying rent to my wife .....
No. Since you are the co owner of house
I hv filed itr1 on 31.7.22 for rs 450000/- with no tax in old tax regime.
Can I revise it with itr2 and in new tax regime for rs 8.12 lakh
Sir Mai Paramilitary me job krta hu or mujhe mere pay slip me HRA milta h bt 16no. Form me HRA ka amount gross salary me include hota.. Alag se HRA ka amount show nhi hota h
Or mai rent v pay nhi krta hu or naa hee mere pas rent agreement h. Mai apne parents k sath rhta hu bt wo ghar parents k naam pr h mere naam se koi v property(ghar) nhi h
Toh kya mai HRA CLAIM KR SKTA HU?
Sir money transfer kayse koru check se yea net banking se
Sir, can any person claim HRA exemption by paying rent in two different cities. For example person A lives in delhi on rent with wife and kids. He got new job in Mumbai. Due to children school he decided not to take family with him and took another rented apartment in Mumbai for himself. Now A is paying rent for 2 property- in delhi and in Mumbai. Both rent agreement are on his name. Can he consider both rent amount while calculating exemption for HRA? Pls help sir as I couldn’t find answer to this anywhere. Thanks in advance.
You can only claim hoti the minimum amount as per your salary structure. Even if you pay 10 rents.
Can you please provide this excel , Thanks for making the daily finances so simple
Sir, Agar mera rental income hai 12,000 per month, baki koi income nahi hai to return file karana compulsory hai kya
Nahi
agar financial year ki income Rs. 2.5 Lacs se updar jaati hai to ITR file karna acha hoga
@@fincalc abhi toh 5 lac se upree jane par itr file krna hota h na ????
In this case maine return file nahi kiya to mere tenent ko kuch problem hoga kya
Senior citizen bhi HRA claim karkey income tax bacha saktey hai ya nahi.
salary me HRA ka component hai to bacha sakte hai, ya phir 80GG section me claim kar sakte hai
Hello Sir,
I don't have rent agreement for period march-2020 to dec-2020, but i have paid the rent to landlord by net banking, and after that i have made agreement for 33 month from jan-2021 to onwards..In this case can i claim HRA for full year or only for the period jan-21 to march-21 ( ie only for three months). Is it possible to claim with only 3 months rent receipts?
Depends on your organization's process. Some organizations need rent agreement mandatorily else they won't consider HRA in TAX Calculation. You can however work it out during ITR filing.
My father is owner of the house can I pay rent to mother & take HRA benefit
Bilkul
I want to claim HRA deduction for Apr2022 to Mar2023 but as I have not made rent agreement earlier because I was not aware it is mandatory so can I make the agreement on today's date of stamp paper Is it valid to Submit to income tax dept if scrutiny comes
Lekin agar Parents ka income taxable hai to aise samayme by getting rental amt from our children then ye Parents ka income karke show karna padega.Vapas Ye income( in the form of rent) will become taxable amount of Parents.
Sir me december se kisi jagah rent par rehti hu kuki me nayi company join ki so kaise karo hra slip
सर हमार एक doubt है पहले 9 महीने तक केवल सैलरी रिसीव हुआ हो और अगले 3 महीना में HRA मिलना शुरू हो गया हो जबकि हम एक रेंटेड प्रॉपर्टी में रहते हैं जिसका किराया हम ऑनलाइन पे कर रहे हैं तो क्या हम HRA ka claim कर सकते हैं या 80GG का ya दोनों कर सकते हैं Kon sa better hoga
Rent receipt ki jourat nahin hai kya?
Kya comutation of pension one third of totalpension 42000 is near about 11500 par month par incom tax par koi chut hai
2022_23 के लिए video बनाइये
check latest video here: ruclips.net/video/J5KugtFfmJw/видео.html
Thank you sir
Your videos are always helping me a lot
This year I was a govt employees in the month MAR -22 and April-2022 and received HRA but after that I joined a non govt added institute where there is no HRA then can I claim HRA exemption
What if I stayed in Chennai and Bangalore , in the same year paying rent? Then for calculation do you take 50 or 40 %
Defence me rhna free h..HRA bhi milta h..kese claim kre
if any one have paid rent to two landlords of amounts below Rs. 1 lakh each (for eg. Rs.1.8 lakh in total). Do I still need to submit the PAN details of both my landlords to my employer for claiming the HRA exemption?
Yes you need to provide PAN of both landlords since the aggregate rent paid by you is more than Rs. 1 lac in FY