Hi there,
Do you want to know if you can claim a tax deduction as a pensioner? If this is your query I must tell you that yes, you can claim tax if you are paying rent as a pensioner. But there are certain conditions you need to follow.
The rent payment must be more than 10% of your income.
Neither you nor your family including your wife, and minor children can own a house in the same city.
You should not be receiving HRA from your employer.
If you fulfil these conditions, you can claim HRA under Section 80 GGupto 25% of your income but not exceeding Rs 2,000 per month.
I hope I have answered your query. If not you can post your question again on Forum and explain the question in detail.
Read more:
How to claim HRAif not mentioned in form 16?
How to claim HRAwhen living with parents?
How to claim HRAin income tax return?
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Payment of Rent Maximum Eligible Amount applicable for Pensioner
CHANDRAN S
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3 Year
2022-07-27T11:26:41+00:00 2022-07-27T11:26:42+00:00Comment
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