Hra exemrtion


This query is : Resolved 

23 December 2012 Hello sir,
i heard that it is necessary to obtain rent recetpt with PAN number of the owner to get HRA exemption. If it is so, what if the owner of the rented house do not have the PAN NUMBER?

23 December 2012 hey hi

good morning..

yes, you have to obtain PAN only when rent payment pa. exceeds Rs. 2 lacs.*

In case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address of the landlord should be filed by the employee.

Cheerz//Vaibhav
Revert for more clarity.
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23 December 2012 1) If annual rent paid by the employee exceeds Rs. 2,00,000 per annum, it is mandatory for the employee to report PAN of the landlord to the employer.

2) In case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address of the landlord should be filed by the employee.

Ref:- CBDT Circular 8/2012 dated 05/10/2012.

23 December 2012 agreed.. thx for correction


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