Hra query

Tax planning 142 views 3 replies

Friends,

 

Can rent agreement be used as valid proof for claiming deductin under HRA ? Bcz rent recepit not available.

Replies (3)
No. It's not possible.
No Receipt is required if rent does not exceed 36000 P.A.

You need to submit proof of rent paid through rent receipts, for which only two need to be submitted, one for the beginning of the year and one towards the end of the financial year. It should have a one rupee revenue stamp affixed with the signature of the person who has received the rent, along with other details such as the rented residence address, rent paid, name of the person who rents it etc.
agree with Rajasekhar, No Receipt is required if rent does not exceed 36000 P.A.

If owner refuse to give rent receipt and said you can leave my house but i will not give you recept, agreement is final. Then can IT Officer give shelter ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads
Loading