#42 – On House Rent Allowance [Sec. 10(13A)]
In India, Section 10(13A) of the Income Tax Act governs the tax treatment of HRA. House Rent Allowance (HRA) is a key benefit provided by employers to help employees manage their rental expenses. Let’s break down how this works: What is Section 10(13A)? Section 10(13A) provides tax relief on the HRA component of your salary. …