If I am planning to take a house on rent and the landlord says that the agreement will mention 70% rent and 30% amenities. What amount will be considered for the calculation of HRA deduction. 70% or 100%. Given that I am a salaried individual. Also the rent payable is more than 15000 pm, and I am planning to take an individual lease - is there any liability to deduct tax at source for the rent paid.
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Hra deduction (agreement has 70% rent and 30% amenities)
Replies (2)
You dont have to deduct TDS but if you have to avail HRA benefit, then you have to produce a PAN of landlord to the employer.
For HRA calculation might be 70% of rent paid will be considered not 100%
If u r an individual not liable to tax audit ,then u r not required to deduct tax (TDS)
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