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Pooja

Latest Posts by Pooja

Can I claim House Rent Allowance even if I’m staying in my parents’ house?

August 21, 2021 100542 Views 1 comment Print

Salaried individuals residing in rented house are entitled to tax exemption on House Rent Allowance (HRA) under Section 10(13A) of the Income Tax Act, 1961. But are you aware of the fact that you, as a salaried individual can take advantage of this exemption while staying at your parents’ home. Read this blog, to know more! Provisions […]

Decoding Section 87A: Rebate Provision Under Income Tax Act

August 3, 2021 15243 Views 1 comment Print

In order to provide relief and lessen the burden on small taxpayers, the Government had announced the tax rebate scheme by introducing Section 87A in the Income Tax Act. Introduction of Section 87A Section 87A was introduced in Income Tax Act through the Finance Act, 2003. As per the Income Tax Act, any individual being […]

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