Hra exemption

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VALMEEKI RAVI RAMESH (Querist)
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12 March 2014 Dear sir is it mandatory to register leave and license agreement by paying stamp duty for claiming hra exemption whn rent paid is Rs 25000 ? is it enough if i submit notarised copy of agreement to my employer?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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12 March 2014 it is not necessary for income tax purposes. but stamp duty regulations need to be complied with. also if rent is in excess of Rs 1 lakh per year, you need to submit PAN details of the landlord to your employer