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Prakhar Gupta
Hi,
I live in a non-metro city in India. I'm getting an HRA of 4.5LPA. But the house where I'm living belongs to my parents & also my aunt. In this situation, can I claim 4.5LPA HRA by paying 40k/month rent just to my parents?.
NOTES -
I live in a non-metro city in India.
The house is co-owned by my mother & aunt.
Do I need to make a rent agreement? I don't have any rent agreement for this 2021-22 financial year? If I make one now, will I be able to claim HRA for this financial year?
If the answer is no for Q-3, what's my best alternative?
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Yes, you can claim HRA even if the rent is paid to your parents or other relatives.
Execute a rent agreement today and make it effective from 1st April 2021.
The amount of HRA that you will get as deduction depends upon other factors also like your basic salary etc for which more detailed information is required.
You can connect with me at ca.pujasharma@outlook.com for consultation.
A
Ankur Mathur
I am a medical professional rendering services in a hospital and at my clinic. If my professional income is 34 lac and my expenses nearly 5-6 lac, can I file ITR under 44ADA?
Yes, you can use the provisions of 44ADA. For income tax-related queries, you can connect with us at ca.pujasharma@outlook.com
T&C applyN
Naresh Kumar
Dear Sir/Madam, I Payment agreement, builder (NBCC who is a government enterprise) wrote that interest
will be charged as per SBI MCLR highest rate while SBI MCLR Rate was 9 % But they are charging @ 9.5%
also as per my calculations, I have paid entire Money including interest but still, they are confusing me
& showing erroneous calculations and still asking for a difference of 2 Lacs, I have written many emails
with explanation and my calculation but they are not hearing to it & pressurizing me to pay the amount.
What I can do in this case and what legal recourse is available in this case.
B
Badari
P
Pooja Bahal
