Questions on HRA benefits and claims

  • Can we avail tax benefits of HRA along with a home loan?
  • Are we eligible for a HRA claim in case you stay with your parents and pay rent to them?
  • Does HRA fall under 80C?
  • Does HRA claim include electricity & maintenance charges of the house?

–> Yes, you can avail tax benefits of HRA along with a home loan

–> In case you stay with your parents, you are eligible to pay rent to your parents and collect a receipt for HRA claim. However, similar rules don’t allow you to pay rent to your spouse and claim a tax exemption.

–> No, House Rent Allowance falls under Section 10(13A).

–> No, HRA is paid towards rent only. The maintenance charges are not considered as the landlord’s earnings to be calculated for his/her income tax. The electricity charges are not considered as the landlord’s earning since it is paid to the electricity provider

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