17 March 2017
Sirs/ Madam,
Please help me in below two queries urgently.
1. Is it mandatory to submit rent receipts, whether less than or more than 1 lakh.. having revenue stamp and on that landlord signature or without using revenue stamp is acceptable ?
2. If rent amount exceeds 1 lakh and person doesn't have his Landlord PAN ( not registered for it ) but agrees to give declaration. Along with this is rental agreement mandatory too ?
Please advise..
24 October 2021
1. No need of revenue stamp if cash receipts are upto Rs. 5K per payment. 2. PAN is mandatory if rent above 1 Lakh, otherwise claim for HRA will not be accepted.
CAclubindia
