House Rent Receipt For Income Tax

House Rent Receipt For Income Tax. Hra is usually included in employee ctc. Section 80gg of the income tax act in india allows individuals who pay rent but don't receive house rent allowance (hra) to claim deductions for that rent on their taxes.

If you are paying rent for accommodation to a landlord, who can also be your parents, then you are eligible to claim tax exemption on the rent paid. Salaried professionals are compelled to pay house rent allowance as income tax and generating such a receipt has become quite easy.