Rent receipts provided for claiming hra deduction

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yagna (Querist)
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16 February 2018 Can one rent receipt be provided by the employee for the entire year (12 months). Is it mandatory to provide the receipt on monthly or quarterly basis?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 February 2018 Half yearly rent receipt can be provided.

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yagna

yagna (Querist)
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16 February 2018 Thank You sir. May I know where in the act this information is provided?

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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16 February 2018 No hard and fast rules as such. Depends on the policy of the employer.
Inference- CBDT Circular 29/2017 dated 5.12.2017 - 2nd para of sub-clause (b)
of clause 5.3.9

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yagna

yagna (Querist)
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16 February 2018 So, I can produce one rent receipt for 12 months for claiming HRA deduction. Thank you Chackrapani sir