HRA
This query is : Resolved
19 January 2009
Dear Sir,
We are 8 persons working in various companies at Chennai, taking a plot in an aportment for a monthly rent of Rs.12000/-. Now whether individually we can claim HRA through a single Rent receipt for income tax purpose. Ifso, how we can claim the same and advise the procedure of the same.
We are 8 persons working in various companies at Chennai, taking a plot in an aportment for a monthly rent of Rs.12000/-. Now whether individually we can claim HRA through a single Rent receipt for income tax purpose. Ifso, how we can claim the same and advise the procedure of the same.
19 January 2009
Landlord will obviously give only one receipt for Rs 12000 for stay of all puttogether; so it would not be possible for each one of you to claim Rs 12000 as rent paid
May be all eight of you can prepare a paper (MoU) indicating therein that Rs 12000 rent is being shared by all of you at the rate of Rs 1500. This has to be signed by all of you.
Next, submit xerox copies of Rent receipt for Rs 12000 and MoU to employer who would be able to adopt Rs 1500 as rent paid for Rule 2-A calculation purpose
May be all eight of you can prepare a paper (MoU) indicating therein that Rs 12000 rent is being shared by all of you at the rate of Rs 1500. This has to be signed by all of you.
Next, submit xerox copies of Rent receipt for Rs 12000 and MoU to employer who would be able to adopt Rs 1500 as rent paid for Rule 2-A calculation purpose
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- Annual return in Gst
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
