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Claiming HRA tax exemption against rent paid? Here's all you need to know

Updated : January 26, 2021 06:12 PM IST

Salaried individuals, who live in rented houses can claim the House Rent Allowance (HRA) to lower their taxes – partially or wholly, according to Section 10(13A) of the Income Tax (I-T) act.
For claiming tax exemption on HRA, individuals are required to submit proofs of rent paid to their employer or alternatively claim it while filing an income tax return (ITR).
Claiming HRA tax exemption against rent paid? Here's all you need to know
Published : January 19, 2021 04:05 PM IST

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