How HRA will be calculated while submission of IT returns in the case of Lease Agreements
Dear Sir,
Kindly guide that how house rent allowance will be calculated for Income tax returns while the employee is availing a rented house on the basis of Lease agreement.
P.Saravanamuthu

From India, Chennai
Since in the case of Lease agreements rental receipts can not be produced , only Interest will be calculated as monthly rental
From India, Chennai
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