Many taxpayers who have claimed an HRA deduction exceeding ₹5 lakh in their income tax returns have received an email from ...

Yes Income Tax department has allowed deduction of HRA for 2 eligible houses provided you should have proper records for ...

Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA ...

Tenants must deduct 2% TDS if their monthly rent exceeds ₹50,000, if the landlord is a resident Indian and 31.2% if the ...

Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool to simplify calculation is the online HRA calculator. Keep reading to learn about the HRA tax rules ...

The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...

Monthly Salary Calculations: For the salary calculation of a central government employee, their basic pay, dearness allowance (DA), house rent allowance (HRA), and travel allowance (TA) are taken into ...

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 ...