REnt reciept - Photocopy or original for HRA

Hi Gurdeep,

Can you please provide the provisio or section in the income tax act or any other case law in the support, that photocopy can be maintained.

ITO can ask for original copy at the time of assesment from assessee. you can take a photocopy for your record only.

Employer needs Rent Receipts in original, you may keep photocopy for ur own perusal.

Yes the rent receipt should be taken in original by the employer and the photocopy should be kept be the employee.

employer has to keep the original copy, because at the time of assessment employee may not be there with the employer. One more option is there to keep the xerox copy of rent agreement and rent bill for the 1st and last month of the financial year.

Hi,

But in the income tax act it is no where mentioned that employer has to keep original copy in his records. Besides this employees prefer to file their income tax return in the circle of the city where they permanently resides. If there is any scrutiny case on the employee and if the office of the company, where he has given the rent reciepts has been closed, or transfered to any oher city or they did not give to employee at the time of assessment than how he is going to provide the original rent reciepts to the aseesing officer at the time of assessment. The landlord has also not filed his return than the tax burden will come to innocent employee, he will be going to be punished for no fault done.