Product 1


Proposed Amendment to issue Consolidated Credit/Debit Note

Currently as per Section 34(1) of CGST Act every registered person has to issue a    Read More

Product 2



Facts to Be Remembered About House Rent Allowance (HRA)
1. You can claim exemptions for HRA only if you have “actually paid” the rent.
2. You can claim exemptions for HRA only if you don’t own a house in the city you work.
3. You can claim exemptions for HRA & deduction for home loan both simultaneously. 
4. You can't pay rent to your spouse and claim HRA deduction.
5. If you forget to submit rent receipts to your employer and tax has been deducted on HRA amount also; don’t worry you can claim deduction for HRA while filing your ITR.
6. If you don’t get HRA from your employer or a self-employed person, still you can claim HRA deduction under Section 80GG. 
7. Be Alert!! You don’t only have to submit certain documents like rent agreement, landlord’s PAN Card, rent receipts but also to ensure that you can substantiate two critical facts; one that you actually had occupied the premise & paid the rent to the landlord. 
8. If you rent over Rs. 1 Lac in a year the copy of the PAN Card of the landlord is to be furnished to the employer.
9. The maximum deduction for HRA would be least of the following:
• Actual Rent Paid
• 50% of your basic salary (if you are living in a metro city) 40% of your basic salary (if you are living in a non-metro city) 
• Actual Rent paid minus 10% of the basic pay.



Product / Service #1

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