My HRA is Rs. 5,000 per month. Can I claim exemption of HRA even if I have not incurred any expenditure on payment of rent?

In order to lower the tax burden, the Income Tax Department allows a taxpayer to claim tax deduction against HRA if he or she is staying on rent.

If the taxpayer is staying in his or her own house, the entire HRA is taxable
Hence 60,000 (5000*12) is taxable as the person has not incurred any expenditure towards rent.

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