CA-led filing support · SLA-backed process
+91--91500 52027| Mon–Sat 9AM–7PM

HomeTax SavingSection 10(13A)

For salaried
Old regime only

Section Section 10(13A)

How rent slashes your taxable salary

House Rent Allowance (HRA) received from employer is partially exempt if you actually pay rent. The exemption follows a three-way least-of formula and can dramatically cut your tax bill.

Maximum deduction

Least of: actual HRA / 50% (40%) of basic / rent paid − 10% basic

Who can claim

Salaried employees who (a) receive HRA as part of CTC, (b) actually pay rent, and (c) live in rented accommodation. Self-employed and those who own their home cannot claim HRA exemption — they may claim 80GG instead.

How it works

HRA is one of the most powerful salary exemptions for tenants. The exempt portion is the least of three values: (1) actual HRA received from employer, (2) 50% of basic salary if you live in metro (Delhi, Mumbai, Kolkata, Chennai) or 40% if non-metro, (3) actual rent paid minus 10% of basic salary. Rent paid above 10% of basic salary is what truly makes the formula work. HRA exemption is only available under the old tax regime.

Eligible instruments

HRA component of salary (must be specifically named "HRA" in salary slip / CTC)

Rent paid to landlord by bank transfer or UPI (cash above ₹5,000/month is risky)

Rent paid to parents — allowed if rental agreement exists and parents declare income

Documents you'll need

Rent receipts / rental agreement

Landlord's PAN — mandatory if annual rent exceeds ₹1,00,000

Bank statements showing rent transfer (helps in scrutiny)

Form 12BB submitted to employer with rent details

Worked example

Bangalore-based employee. Basic ₹50,000/month (₹6L/year). HRA ₹20,000/month (₹2.4L/year). Actual rent paid ₹18,000/month (₹2.16L/year).

(1) HRA received: ₹2,40,000. (2) 40% of basic (non-metro): ₹2,40,000. (3) Rent − 10% basic: ₹2,16,000 − ₹60,000 = ₹1,56,000. Exempt = least = ₹1,56,000. Taxable HRA = ₹2,40,000 − ₹1,56,000 = ₹84,000.

You save

In 30% slab: ₹1,56,000 exempt × 30% = ₹46,800 + cess = ~₹48,672 saved.

Common mistakes to avoid

Claiming HRA without paying actual rent — fake rent receipts are flagged in scrutiny

Claiming HRA for own house (where you/spouse/parents are owners and you live there)

Missing landlord PAN when rent > ₹1L/year — the entire HRA exemption may be denied

Wrong metro classification — Pune, Bangalore, Hyderabad are NOT metros for HRA (40% applies)

Claiming HRA in the new regime — disallowed

FAQ

Can I pay rent to my parents and claim HRA?

Yes, if it's a genuine arrangement — formal rent agreement, rent paid by bank transfer, parents declare it as income in their ITR. Cash rent or sham arrangements are scrutinised.

I live in own house — can I still claim HRA?

No. You must be paying rent. If you own the house and live in it, claim home loan interest under Section 24(b) instead.

My HRA component is small — should I increase it?

You can ask employer to restructure CTC (move some Special Allowance to HRA) — but only if you pay enough rent for it to matter. The "rent − 10% basic" component is the binding constraint for most people.

Is HRA available under new tax regime?

No. New regime disallows HRA. Compare both regimes before opting in.

Need help claiming this?

Our chartered accountants will plan and file it for you.