I currently don't live with my parents, but I contribute a monthly amount to my father via UPI. As part of my employment, I receive House Rent Allowance (HRA) from my company. Can I claim the amount paid to my father for rent as an HRA exemption? I'II ensure that my father also declares the rent received as rental income.
The property is located in a different state, and I have a
3-day office schedule.

like
Posting as :
works at
You are currently posting as works at

Yes it can be claimed as HRA Deduction.
You can claim HRA for one house only whether in same city or in different city.
Saurabh Gupta
7897330472

Related Posts

Anyone get public service loan forgiveness? The stats of only 1% qualifying is always wild to me. I know people have made blatant errors (not make sure their jobs qualify, not consolidating their loans, etc) but still....

like

Hey, I am looking for an Angel investor to invest in our idea. Can someone help me to connect with the person.

like

Is it normal to sign a bunch of disclosures for a Wells Fargo rate lock? Will I have to pay anything is I end up not using wells ?

Anyone here refinance successfully with SOFI after I-140 was approved by I-485 is pending?

like

What is the present value of a government pension? How does one calculate it? Trying to get a sense of weather it's worth moving over to Federal.

like

Sorry if this has been asked a few times but - relocating to Charlotte and looking for apartments, preferably in southend. Any solid recommendations or places to avoid?

Looking for a 1 BR - 2.4K a month or less.

TYSM!!

How is the blended state tax rate calculated. Say I have the state deferred tax number. What’s my denominator to get to the correct rate? Is it the pre tax

like

Laying on the couch and watching TV all day sounds so much better than doing these tax returns. That is all , thanks for listening to my Ted Talk

like

Anyone here used a JD mortgage to buy a place in NYC? Wondering if this is something that’s generally limited to other cities as the real estate market is so different here. Thinking with everything that is going on it might be a good time in buy in the next few years.

like

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

like

Couples without kids, how do you justify buying a house and paying school taxes? Almost all of the good residential areas are with a high school tax. Just curious if childless couples can ever buy and live in nice areas or rent forever

likehelpful

How do you effectively plan for retirement?

like

What’s a “true lead” in apartments.com. Im curious if they’re interested in our property or if they’re leads based on preference.

like

Any good ideas to keep your day job and start a business that allows for enough freedom to take taxable income from 350k to 0?

like

Looking to support a new APIA founded startup? Well look no further!

Have you ever found something online and thought "... if I buy this, what about my anniversary gift, that trip to Europe, the car I always wanted..."

Well I have and founded Okane (money in Japanese 🤑)

Okane is a free Chrome Extension that focuses on goal-based budgeting. We track your wealth and help you save for your future goals while avoiding impulse purchases, right as you shop online. ( okane.crd.co)

Lmk what you think!!

like

I'm a senior and started out over a year ago. What would be some good low risk investment options? Have about $15k to invest. Open to investing in India or in the US too. (No crypto pls)

like

Just threw the remainder of my life savings on $GME calls. I’ll either retire or restart at 23 🤷‍♂️

likefunnyuplifting

Does enjoying investing your own personal capital translate to enjoying working in investment management?

likesmart

Want to make investments but the market has been going up. Any advice on whether I should wait for a dip or just go in. Newbie here so looking for perspectives

like

anyone invested into Facedrive (FDVRF)?
Recently heard about the company and it looks very interesting... curious to hear your thoughts if you have any!

like

More Posts

Is the pace and WLB a lot different between T1 and T2 firms in the middle east?

likefunny

Hey hi fishes, I am looking for a new job in Computer Vision domain. I have 3+ YOE in the same. Can someone refer me if possible? I am open for remote jobs

like

Anybody here trying to get into Project Management? If so, what makes you want to get into PM?

like

I am a Finance Professional having 8+ years of Corporate Experience. I am working in an IT Mid. Size MNC and looking for a change because of no increment. Can anyone please help me with some leads.

like

How much does a senior consultant make in Chicago in strategy and operations?

like

Are there any investment club bowls here? I was thinking maybe there should be a desi group here for this. If not, how many of you would be interested in joining one.

like

I have taken couple of days off to relax and I am planning to spend most of my time making my island prettier 🤣 It feels so good to play AC on a Monday morning!

like

Does anyone know the salary/TC ranges for data scientists at C3.ai? I have an offer likely coming in this week for a senior data scientist in Washington DC and was curious about what to expect at this stage. Thanks in advance for the help!

like

Anyone have a MASSIVELY micromanagey boss? I've had my share but this fella takes the cake. Today I was asked to share my work in progress on some projects work. Even though I said I'd work to have things delivered by the end of the week. I've never shared or ask to see WIP work without context. It's like looking for an excuse to find something wrong.

like

All the layoffs happening are these on non tech side or tech side as well?

Boston biglaw associates, do you pay for monthly parking and drive into the office? Or do you still ride the T?

like

How did you get into tech recruiting, and are you happy with it?

likehelpful

Any good coffee brand suggestions in the US or Europe that match up to filter coffee taste back home?

like

Just got the ikon pass...I always ski east coast but hoping to get to Utah one weekend. What is the best/closest mountain from SLC?

like

Anyone works for Humana um administrative/support . Would like to know salary,day to day job duties. Any advancement opportunities?

like

I confess to being a fat kid on vacation eating ice cream sandwiched between a cookie and a brownie covered in Oreo bits. May need to ski a few dozen laps when I get home to make up for it

Post Photo
likeupliftingfunny

Anyone aware of the IBM new centre being opened at mysore ?

For those who are transitioning into this field, or already have, what are the main things you did to get the job? Did you get an additional degree?

like

Insight into fertility benefits at capital one? Would appreciate any input

like

Additional Posts in India Tax

Guys can anyone help me to get the best refund or filing for tax for 21 LPAfixed 26LPA CTC.
I know my in hand salary will be 1.3 by any chance can I make it more ??

like
like

Anyone here working in M&A tax? need a referral.

I'm a recently qualified CA (first attempt)

like

Hi Everyone,

I just need some advice.
My father passed away a few months back and I am yet to obtain the legal heir certificate. Given the ITR deadline is near, should I just file his ITR from his account or is there any other option?

Thanks in advance

like

Could anyone please tell about NPS CCD(2) ? Is it paid by employer? What needs to be done in this?

like

Hi Folks, how much max amount we can retain back after 80c tax claims on income taxable amount. Any idea? Is it varies based on package? What is the percentage ?

like

I want to know which tax slab can be appropriate for a 10lpa and what are the way I can manage to reduce my tax computation.
I have been to this tax slab for the first time don't have. any knowledge.
can one of you assist what can be done or what are the steps for saving the tax or us it possible to have 0 tax.
FYI,
2.2lck is hra

like

Do you submit fake rental receipts and owner pan card detail for HRA? Is it normal ? I see most people does in my team. They submit parents or spouse pan card number as owner pan card number to get HRA. Is it same everywhere?

like

Can we show unequal rent split up between husband & wife for HRA?
Let's say we pay 20k in rent. I want to show that I pay 15k and wife can show 5k. Is this sort of break up possible without explicitly mentioning it in the rent agreement?

like

Hi All,

I want to know if it's a good idea to foreclose a home loan, I have like 14 lakhs for 11 years... Initially it was 28 lakhs for 30 years, I brought it to this amount in 2 years. Unable to weight the pros and cons. Is it good to foreclose or leave the loan to go on and start investing the money

like

Hi all
Can some please help me !!
I have already paid self assessed tax but in income tax website its not updated and money also debited from bank
What should i do now

like

Whats the max of monthly rent has anybody shown for HRA deduction 😅

like

Hi All,
I recently learned that we can get our PPF limit from 1.5Lakh per year increased and so does it increase in 80C. Is that true? And if yes, how can it be done?

like

My CTC will be
Basic 13LPA
FB 7 LPA
Total fix pay - 20 LPA

80c - 1.5 LPA
HRA 3 LPA

Any one please help mi on which tax method will be sutable for me old or new?

like

Does your organization make you feel like your work is only a support function to their more profitable businesses?

like

Hello people,

Need some inputs!

When I file my ITR, it is auto-populating the 'income from other sources' by 40k and increasing my tax liability by 10k however form 26as shows no tax liability.

Should I edit the header to Rs. Xx which is below 10k hence tax exempted and stick to info as per 26AS?

Thanks a lot!

like

Kindly suggest the best ways of saving maximum tax for this CTC :) :)

Post Photo
like

Please let me know how to claim (whats bills needs to be submitted) exemptions for Special Allowances.

like

In case anyone needs help with their Tax returns, please feel free to DM me.

like

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal