Rent receipts provided for claiming hra deduction
This query is : Resolved
16 February 2018
Can one rent receipt be provided by the employee for the entire year (12 months). Is it mandatory to provide the receipt on monthly or quarterly basis?
16 February 2018
Half yearly rent receipt can be provided.
Message likes :
1 times
16 February 2018
Thank You sir. May I know where in the act this information is provided?
16 February 2018
No hard and fast rules as such. Depends on the policy of the employer.
Inference- CBDT Circular 29/2017 dated 5.12.2017 - 2nd para of sub-clause (b)
of clause 5.3.9
Inference- CBDT Circular 29/2017 dated 5.12.2017 - 2nd para of sub-clause (b)
of clause 5.3.9
Message likes :
2 times
16 February 2018
So, I can produce one rent receipt for 12 months for claiming HRA deduction. Thank you Chackrapani sir
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