Tax on HRA received staying in own house

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Tax on HRA received staying in own house

Staying in own loan free house. Received HRA. Please indicate the applicable tax deduction.

Asked By: Anonymous 1 replies 1 helpful answers Last Updated: 10 months, 2 weeks ago
  • Anonymous

    Staying in own loan free house. Received HRA. Please indicate the applicable tax deduction.

  • Profile photo of Chetan ChandakChetan Chandak
    Moderator

    As you are staying in your own house and not paying any rent or housing loan interest you will not be eligible for any deduction u/s 10(13A) or section 24.

    But you can explore other investment linked deduction like 80C or 80CCD(1B) for investment in NPS.

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