compution of tax deduction for rent paid

Share This Thread
  1. bharat udeshi

    bharat udeshi New Member

    Supposing that I pay a monthly rent of 25000, how much deduction can I claim for calculation of income tax on my total income
  2. Karan Batra

    Karan Batra Well-Known Member

    If you are a salaried employee and getting HRA, you can claim deduction for the rent paid.

    The deduction that would be allowed will depend on your salary, place of residence, rent paid & the HRA received.

    For computation of the exact amount that would be exempted in your case, you can refer this link -
Draft saved Draft deleted
Similar Threads Forum Date
Deductions U/s.57 Income Tax Aug 26, 2018
standard deduction 40000/- Income Tax Aug 20, 2018
tax deduction for LIC Deposit, Self occupied house Property tax Income Tax Apr 10, 2018
Query Regarding Standard Deduction Income Tax Apr 10, 2018
income tax deduction (TDS) on payment of new home Income Tax Mar 9, 2018