Requisites for claiming HRA exemption
This query is : Resolved
15 December 2008
What are the things to be looked up on rent receipt for claiming HRA exempton?
Is PAN of house owner mandatory on rent payment receipt?
Is PAN of house owner mandatory on rent payment receipt?
15 December 2008
Subject to the satisfaction of the employer.
16 December 2008
Further
Rental Agreement, Rent Receipts which are fair enough.
Rental Agreement, Rent Receipts which are fair enough.
16 December 2008
At beginning of year, Employer may ask Employee to submit copy of Rental Agreement. If Agreement has not been entered into, the Employee should be required to submit a letter signed by Landlord indicating the monthly amount of rent. In any case full and clear address including Door No, Street No and the like should be insisted. Also insist on PAN copy of Landlord. If he did not obtain PAN, he should make a mention of the same in the Letter.
At fag end of year, require the Employee to produce receipts. These can be seperate or in a consoldiated form.
Finally, you should be in a position to satisfy the Dept, if ever a question arises, that you have taken all reasonable steps to satisfy yourself about genuniness of rent payments claimed by employees
At fag end of year, require the Employee to produce receipts. These can be seperate or in a consoldiated form.
Finally, you should be in a position to satisfy the Dept, if ever a question arises, that you have taken all reasonable steps to satisfy yourself about genuniness of rent payments claimed by employees
16 December 2008
Only stamp paper agreement with PAN & cheque/Cash receipt of land lord.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Tax rate change regarding
- SALARY CAN BE CAPITALIZE
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
