Rent paid is deductible from Salary income or not ?

Forums Deductions Rent paid is deductible from Salary income or not ?

Rent paid is deductible from Salary income or not ?

In my Salary Breakup , there is no HRA Allowances. I stay at Rented House. I have Rent Receipt also. Is Rent paid for the House is fully deductible from Salary Income ? I lives in Dombivli.

Profile photo of Sanjay Asked By: Sanjay 1 replies 0 helpful answers Last Updated: 5 months, 1 week ago
  • Profile photo of SanjaySanjay
    Participant

    In my Salary Breakup , there is no HRA Allowances. I stay at Rented House. I have Rent Receipt also. Is Rent paid for the House is fully deductible from Salary Income ? I lives in Dombivli.

  • Profile photo of Roohi RasheedRoohi Rasheed
    Moderator

    If you do not have a HRA component in your salary break-up, you are not eligible to claim HRA. But u/s 80GG you will be able to claim upto 5000per month as a deduction, according to budget 2016-17.
    There is a step wise calculation u/s 80GG which is allowed to the extent of the least and few conditions to claim this deduction.

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