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Hra issue

Efiling 210 views 1 replies

Naveen

CA_STUDENT

164 Points Joined February 2012

Hi all,

My Client has HRA Portion in his salary Structure,but he failed to submit Rent Reciept to his employer , so he couldnt get HRA Excemption u/s 10. he doesn't have Rental Agreement, but he made all 12 months Rent Payments via bank transfer. If i Claim HRA now , As per 143(1a) he will get intimation to provide documents for the difference between Form 16 & ITR i.e. HRA Cliam. is it enough if we upload Rent Reciepts or will we compulsory need Rental Deed, If that is the case, if Rental Agreement made now will survive the purpose ??

Pls pass some light here, Thank you all.

Replies (1)

sivaram

Asst Mgr-Taxation

6918 Points Joined April 2009

if rent paid is less than one lac let him collect receipts from land lord and keep it for records now he can now also claim the HRA in his return but if paid more than one lakh PAN of LAND LORD Compulsory in your case he has made payments and it is reflected in bank accounts nothing stops him from claiming hra as per limits laid down under 10(13A)