Two agreement - 1 for apartment and 2 for furnished items
This query is : Resolved
15 July 2016
Dear All,
An employee taken an apartment on rent . Landlord executed 2 agreements
One for Apartment = Rs.50000 PM
Second one for Hiring Furnished Items and Amenity Agreement = Rs.45000/-
Whether for HRA , Rent amount will be taken Rs.95000/- inclusive of furnished items rent or not ?
An employee taken an apartment on rent . Landlord executed 2 agreements
One for Apartment = Rs.50000 PM
Second one for Hiring Furnished Items and Amenity Agreement = Rs.45000/-
Whether for HRA , Rent amount will be taken Rs.95000/- inclusive of furnished items rent or not ?
CA. Sunil Gokhale
(Expert)
15 July 2016
Only Rs.50,000 will be taken as rent paid for HRA exemption.
15 July 2016
If two separate agreements are executed, exemption can be taken only for rent of Rs.50000
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