What points must be kept in mind while Drafting a Rent Agreement for claiming HRA Exemption ?
Will a Rent Agreement on a Revenue Stamp Paper be sufficient , if the employee also provides Rent
Receipt & PAN Details of the House Owner ?
Plz Help
Menu
Rent agreement formalities for hra
Replies (6)
Leave and licence agreement has to be made on a non-judicial stamp paper of Rs. 100/-. It will require two witnesses. And it is better to get it registered.
Dear Mihir sir , but when i went to purchase the revenue stamp from the revenue stamp authorities, they are saying that from now on, as per Article 36A of the the Bombay Stamp Act,1958 the non-judicial stamp paper of Rs.100 wont suffice for a Rent Agreement.
Kindly advise what to do in such a case?
Thanks
@ ashok... they may be correct because i have also executed rent agreement on non judicial stamp paper of 1000.
Enter comment here
If that is the case, then you may purchase non-judicial stamp paper of Rs. 1000/-.
Thank you Mihir Sir , for the prompt reply ,as always
Recent Threads
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
Related Threads
CAclubindia
