HRA (House Rent Allowance) - Calculation and Tax Exemption Rules in 2019
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- เผยแพร่เมื่อ 14 ต.ค. 2024
- House Rent Allowance i.e HRA calculation and tax exemption rules are discussed in hindi. How HRA deduction can be calculated for salaried and non-salaried persons?
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How to claim tax rebate on HRA as well as Home Loan Principal & Interest? How you can claim HRA deduction if you pay rent to your parents?
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हाउस रेंट अलाउंस यानी HRA गणना और कर छूट नियमों पर हिंदी में चर्चा की गई है। वेतनभोगी और गैर-वेतनभोगी व्यक्तियों के लिए HRA कटौती की गणना कैसे की जा सकती है? HRA के साथ-साथ होम लोन के प्रिंसिपल और ब्याज पर कर छूट का दावा कैसे करें? यदि आप अपने माता-पिता को किराए का भुगतान करते हैं तो आप HRA कटौती का दावा कैसे कर सकते हैं?
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What are the HRA tax exemption rules?
HRA calculation for salaried employees as well as for non-salaried persons?
How can salaried and non- salaried persons calculate their HRA (House Rent Allowance) deduction?
How can you claim your tax rebate on HRA as well as Home Loan Principal & Interest?
Can you claim HRA deduction if you pay rent to your parents?
How can you calculate the hra tax deduction by the help of hra calculator?
What are the tax saving tips for hra?
How to save tax using House Rent Allowance (HRA)?
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Sir, muze salary me HRA milta hai but muze wo claim nai karna , so jo bhi amount aaega after this calculation wo taxable income se minus hoga ? Ya 00 hoga ? Explain Krna
hello Sir, I wanted to know in 2024, can we claim HRA for rent paid to wife if that flat is registered by wife's name ?
Thank you sir. Woh dearness allowance ke vajese confuse tha me....i am private salaried employee, now everything is clear....it will be 50% of basic components.
Successful teachers have clear objectives🏆
Great Calculation You should be a #Teacher the Way you Explain 💡
Thanks for appreciation :)
@@AssetYogi You are a very good teacher Masha Allah
AAPNE BAHUT HI SUNDER SAMJHAYA.
AAPKO MERA AASHIRWAD.
KEM SAMAY ME JADA KNOWLEDGE MILI.
I AM 70 YEARS OLD.
THANKS
Dhanywaad :)
You have very good professional approach but I don’t understand why people don’t like ur videos.
Keep sharing good knowledge.
Guys like his videos. Thanks
Yogi Ji - Is HRA calculated on monthly basis or annual basis? Let's say my annual HRA is 1,20,000 and my Rent is 20,000 per month, but I stayed on rent for only 6 months.If my HRA is calculated monthly, I get only 60,000 exemption (10,000 for 6 months I stayed on rent). If calculated yearly, I get whole 1,20,000 exemption. I know I didn't consider -10% Basic, but this is just simplified scenario to explain the question.
Thank you very much Mukul Ji....ye video dekhne ke baad mujhe bhi HRA ITR is knowledge ho gayi..Jo ki Kai dino se ek confusion bana hua tha. Please keep uploading such great knowledge always.
Thanks for appreciation :)
Sir you are great whenever I have any confusion related to Finance, I see your Vid.
Glad to hear that
You are owsome sir. You explain so simply and normally without backwash... that I am now fan of you. So helpful video.
Thanks and welcome
@@AssetYogi Sir, I used to fiel ITR-1 but for next fiscal year 2023-24 (Assessment Year 2024-25) I need to file ITR 3 as I have started Intraday trading from June 2023. Please make a video on how to file ITR-3 as it is a little complicated
aapka information bahut achha hai..
sir, parents ka rent income show krne ke liye kon sa ITR form fill krte hai ..?
Who says superhero wares cape sometimes they make a video like this
Thanks man very helpful
Thanks Wasim :)
Please discuss this point it's mention in the act:
In case you own any residential property at any place, for which your Income from house property is calculated under applicable sections (as a self-occupied property), no deduction under section 80GG is allowed.
Thanks for the information. Have 1 query related to Home loan & HRA, can i claim HRA if i am staying in my own house & paying per month emi for that home loan in same CITY . Please suggest.
Very helpful video sir,i have 1 question plz reply i haven't any monthly payment by online,can i pay quarterly or halfyearly of parents rent payment.?
Sir can you please provide the notes (word file) too..becoze we watch video and understand but forgot some tym later, and if try to write it down in takes too much time, 10 min video have too much content to write, so if you can provide the word file too that will be food full for us in a much effective manner also.
In the end sir you are doing great job good amount of knowledge you are providing to all of us.
Simply explained HRA deduction. It will be useful.
Keep learning.
Sir salute to you , bas ek question kya father or mother dono allowed hai rent ya only mother ke nam pe rent de sakte hai to get exempt
Nicely explained! Thanks Malik ji.
Is this HRA calculation for salaried also applicable for 2020-21?
Very good aise he example kai sath Army kai allowance ke deduction ka video banana. Thanks
ZERODHA & 5PAISA pr se online trading pr bhi video banaiya ... ( stocks buying aur selling kaise kare ispar )
Great Clarity in the subject covered, minor issues & minute details covered.
Great service to humanity . Sir.
May God Bless your family, Children & your Team..Keep up the Good Work
Thankyou..Sir.
Most welcome sir.
Can we transfer the rent amount to our parents yearly, instead of monthly?
Please tell
1.Is rent can be taken into deduction if parents are dependent to salaried employee.
2. What is perquisite and how it is related to HRA or taxable income.
Hello Sir, I have a QUERY but at first, let me tell you that all your videos are very good and informative and easily understandable. Thanks for making such videos.
QUERY/Request/Question: I had not provided all the proves (like house rent/ELSS/Stamp duty, Registration fees, Loan Interest paid during construction, etc.). Company had already deducted the tax amount from my salary. Now I want to claim it during ITR filling. Can you please tell us how to file these returns.
Go to any local accountant / online websites/ CA and ask them to file your ITR. They will take some Charges. Or else follow TH-cam videos of ITR filling and you can get it done yourself.
Please upload video on salary components and perks(taxable,partially taxable)
Sir plz plz.plz m ur big fan..u never answered my query..sir Capital gain pe plz ek video banaiye..actually muje last year long term capital loss hua tha..usko me is sal ke short term capital gain ke sath set off kar sakta hu?ispe ek detailed video banaoge bahot maherbani hogi..
Thanks for clarifying doubts on HRA tax implications. Can you share a video on Tax liabilities for NRIs?
plz answer below questions-
1-HRA includes maintenance also which we pay along with rent?
2-Me and my husband is in same office can we both claim HRA on full rent i.e 30K or we need to split rent for HRA deductions.
1. Expenses in relation to maintenance nature can’t be claimed.
2. No, you both can’t take the full benefit twice. Just split it based on rent paid by each person.
Further I will suggest full benefit shall be taken by one whose total income is higher.
In case of deduction of HRA from income tax, suppose I am renting house from mid year.For example, if I have paid rent for 6 months from Oct-March. In that case, will the calculation be based on the salary of the 6 months of Oct-March, or, will the calculation be based on the salary of the entire 12 Months? Please tell me. 🙏
I'm living in my mother's house for last 10 months....can i pay the rent of 10 months all together in single transaction to my mothers account??
Your channel is great and please create the video how to calculate post office RD interest.
If the employer is providing the lease amount for house rent then will I would be able to claim HRA in ITR??
If your employer has provided a house then you can claim deduction under Rent Free accommodation
you are amazing Sir, you explain tough topics in easy words.
Thanks a ton
Sir, Instead of rent receipt can we submit rent agreement ?
Yea you can.
Sir, unfurnished rent free Govt. Accommodation ka lisence fee Salary se kata hai to ushe Income tax mai kaise deduction kare ?
awesome explanation bhai... Your channel is the best out there...
Thanks for appreciation 😊
Very very useful information. Thanks🌹
Jai hind everyone 🇮🇳🇮🇳🇮🇳🇮🇳💂
Thanks sir.
AJ bhut sikhne ko mila Jo ki malum he nhi tha
Dhanywaad
Sec 80c deduction 1.5 lacs is too low. It has been continuing from several years. So need to relook by govt
Exactly man
For section 80GG you have to get prior permission form AO as mentioned in income tax rules but havent explained
Hi Mukul ji, i am salaried employee, what to do if the (actual rent - 10%BS) is coming as negative amount (-126450), in this case minimum is this itself then does it mean that I have to pay tax on that negative amount. or should i not submit any monthly receipt and rental agreement because other 2 options are by default higher. Please suggest.
Nice Mr. Mukul very helpful video
I have one query with this
i am residing in rented property with my parent at working location , at my native place have own property at father’s name which also rented out.
Now I can use this parent paying condition .
Hello sir
Pradhan mantri awas yojan kya hai or uske under delhi ncr m flat kaise kharide , us par bhi 1 video banaiye please sir.
I have seen your many videos all are best.
Piyush
Thank you Piyush
Rent receipt format n important point regarding this rent receipt?
Sir many time I requested please make a video on MBS AND ABS as the way you explain us is very simple..we can find many explaination on this topic. But as you are giving simple example.so that's why I requested you. Please make a video
सर हमार एक doubt है पहले 9 महीने तक केवल सैलरी रिसीव हुआ हो और अगले 3 महीना में HRA मिलना शुरू हो गया हो जबकि हम एक रेंटेड प्रॉपर्टी में रहते हैं जिसका किराया हम ऑनलाइन पे कर रहे हैं तो क्या हम HRA ka claim कर सकते हैं या 80GG का ya दोनों कर सकते हैं Kon sa better hoga
Mukul sir bahot dino bad aaye
Verry nolejfull video
Dhanywaad :)
Sir u explained in easy language thanku sir
Thanks.
Mukul sir
You are great
Best guidance
God is Always with you.
Thanks
Piyush
7:55 you said no tax will be calculated if the salary is under or equal to 5lakh...so the person whose salary is let's say 4 lakhs per anum and they will have the HRA in their salary component, So will they be taxed on the given HRA for their salary ?
Sir,I dont have HRA rent receipt and Rent agreement ,but I am paying rent and also getting the HRA from my employer.Can I claim HRA and under which section?3000 × 12 under which section
sir nice vdo , some one who was tenant 8 years back, can he/she take that benefit now or that is not allowed now..pls revert sir..
Bhai great explanation.. tds kitne payment se upr katna h agr mother ko payment kr rhe h from FY 2019-20.. for government employees
Should not be deductible till 50,000, if exceeds more than that, should be deductible U/S 194IB @5%
My previous employer not given HRA benefits. How i can take it ITR filling please advise
Thanks for informative video n very clear n nice explanation .
Thanks for appreciation 😊
Thank u...it was very clear and useful ......🙌
You are welcome 😊
Helllo Sir , Nice video, Please tell if i pay a rent to my father and file his ITr and also do pnlein transaction to his account,, do we also need to consider the circle rate of my father house location or can claim max HRA by paying Rent according to my tax slab
Thank you very much for your informative videos , Please upload videos about Private Limited Company Compliances
Sir HRA deduction ke liye kya document dena padega?? For IT file
Yes (if asked).
Sir HRA ke through tax deduction 80c ke ki limit ke andr hi count hota h?
What in case of under construction property? Can we claim intrest?
The income tax act allows claiming pre-construction interest only after the construction is completed in 5 equal installments. Also, only the interest components can be claimed as a deduction on completion of construction.
sir ji kya HRA family income main count hota hai kya......mujhe ews certificate banwana tha isiye puch raha hun
Yes, its your income if you receive from employer as salary
how can I claim rebate for amount received for books and periodical in IR Returns.
Can I show rent paid to grandparents for hra exception...??
Very helpful video sir!👍
Could you pls elaborate 'Types of House property' self occupied,/ let out, /deemed to let out. ?
sir rent m electricty bill bhi add kr skte h kya
No
Beautifully Explained
Is agreement paper considered for deduction of rent?
Can you please explain what you mean when you say rent receipt?
If my brother is 1st holder and I'm a second Holder for a home loan, So can I claim the HRA deduction and also the home loan?
1 like 1 comment
Nice video 1m target
Keep support :)
Brilliant Video Sir, God bless you
Thank you so much
Sir ji last year K HRA K arries Mila Ho to uska vi claim kar sakte h kya
From where do you take 20000 basic?? Please explain
Please let me inform
1- In rented house when and where to give PAN no of House owner to get 5000 rebate for month if not getting house rent
Best explanation
Thanks for liking
Sir, please capital gain and PGBP k upar v videos digiye ....
Can we claim rent of parent house and rented house and house loan?
Great job or Explain Analysis all method Exllent..... Nice Work sir jiiii ♥ full respect
Thanks for appreciation Parvesh :)
मस्त भाई मुकुल,,,गांव से कमेंट
can you please share some thoughts on tax saving using reimbuirsements components in salary slip?
Thanks sir.... waiting for Home loan interest video
Me and my wife , both getting HRA,
Both have our names on RENT Agreement.
I am in higher TAX slab .
Can I claim full Exemption for rent paid,?
Please explain
Thanks you sir, aap ne achha information diya hai
Achcha laga sun ke :)
Please tell if the value of 3rd point comes zero or negative then it means we cannot take the benefit of HRA.
Sir,I am working in PSU and getting HRA of Rs.2391/- p.m but i am paying house rent of Rs.3700/- p.m , Now if i file itr then the deduction would be on Rs.2391/- or on Rs.3700/- ?? Thank you
Monthly option ke alawa agar quarterly ya yearly rent amount Parents Ko Unke account mein transfer karein ya cash mein monthly rent amount dekar receipt le lein direct??
Sir rent paid of depends parents can claim HRA exemption
If, Company is paying lease Accomodation to employees then can we get tax exemption on it?
Thanks Sir
Plzz make Video on Sovereign Gold Bonds
What is definition of different city here‽(considering distance , district?), for example if person is traveling 20+ km and changing his district for work then how to consider HRA?
Mumbai, Calcutta, Delhi or Chennai, or 40% if you reside in other cities.
Hey, Is there any book which provides full knowledge about indian taxation system?
How much HRA an salaried person can claim? What is upper limit to claim HRA.
Sir, kya Koi Govt. Pensioner aapne ITR mein U/s. 10(13A) claim le sakta hai
what if some company does not provide HRA then can we clain HRA reduction in income tax?
Can u say about stipend is it under taxable income or not???
Yes. It is treated like salary.
Sir please make video on IBC law and how it is a game changer?
why we do not include HRA taxable amount while computing RFA salary?
Hi, please make a vedio on CTC Breakup, complete payroll calculation including deduction of PF, ESIC, labour welfare fund etc .