22 November 2013
While calculating TDS from salaries of an employee, what is limit for providing PAN number of the owner of the house, if the employee claiming for HRA.i.e. If Rent exceeds 10,000/- whether the employee has to give the pan of the owner of that house in declaration form to be submitted to the employer
22 November 2013
if the annual rent exceeds Rs 1 lakh or Rs 8,333 per month, PAN is compulsory. If the PAN is not available, employee may submit a declaration providing the details of the landlord such as Name, address etc stating that the said landlord doesnt possess a PAN>