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5 Views • Jul 16, 2024 • Click to toggle off description
Wondering if you can claim HRA while living with your parents or relatives?
Discover how you can claim HRA benefits when living with your parents or relatives, and the conditions you need to meet to claim deductions.
#hra #taxsavings #deotalks #surajdeo #CASurajdeo
#finance #personalfinance #taxplanning #howtosavetax #salaried #selfemployed #renting #taxdeductions #Section24b #section80c #Section80GG #rent #taxexemptions
Views : 5
Genre: Education
License: Standard YouTube License
Uploaded At Jul 16, 2024 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 5 (0/13 LTDR)
100.00% of the users lieked the video!!
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User score: 100.00- Masterpiece Video
RYD date created : 2024-07-16T15:01:44.493738Z
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9 Comments
Top Comments of this video!! :3
Thank you for this summary video 👍
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Really beneficial for people who are living with parents and are on salary payroll.
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Well explained 👍
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Nice man !!
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@CA_Surajdeo
5 months ago
What options do you have if your employer doesn't provide HRA but you live with Parents/Relatives?
- Certainly, you can claim Section 80GG benefits here, when you are living with your parents or the property is in your parent’s name, provided you're paying rent for this.
- Also, ensure you have a rental agreement with your parents.
The lowest amount from these 3 rules will be considered as a deduction under this section-
1. Rs.5,000 per month or 60,000 per year
2. 25% of the adjusted total income
And
3. Actual rent minus 10% of adjusted total income.
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