Did you pay rent in 2021-22 and also receive house rent allowance (HRA) as part of your salary? In that case, you can save on tax payment, provided you have proof of the rent paid. If you did not submit the HRA documents to your employer, the HRA section in your Form 16 will be considered taxable. However, there is a way out.
Ankit Jain, partner, Ved Jain & Associates, says, “Salaried individuals who have not furnished their HRA documents to their employers can still submit (or even rectify) the details of their rent at the time of filing their