THIS HRA CALCULATOR GIVES AN IDEA ABOUT –
a) How is Exemption u/s 10 (13A) given?
b) What are the requirements for claiming deduction u/s 10 (13A) and who is eligible?
c) What are the TDS requirements in respect of rent paid?
d) Format of Rent Receipt and Declaration to be given by landlord who does not possess PAN.
e) An employee who is not in receipt of HRA how can he claim deduction for rent paid?
f) Other sundry aspects.
Disclaimer: The contents of this article/Calculator are for information purposes only and does not constitute an advice or a legal opinion and are personal views of the author. It is based upon relevant law and/or facts available at that point of time and prepared with due accuracy & reliability. Readers are requested to check and refer relevant provisions of statute, latest judicial pronouncements, circulars, clarifications etc before acting on the basis of the above write up. The possibility of other views on the subject matter cannot be ruled out. By the use of the said information, you agree that Author / TaxGuru is not responsible or liable in any manner for the authenticity, accuracy, completeness, errors or any kind of omissions in this piece of information for any action taken thereof. This is not any kind of advertisement or solicitation of work by a professional.