Hra exemption with two rent agreement
Jacky (ACCOUNT EXECUTIVE) (219 Points)
06 September 2014Jacky (ACCOUNT EXECUTIVE) (219 Points)
06 September 2014
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 06 September 2014
An employee can submit 2 rent agreements if he has changed the house on rent.......
CA Prashant Gupta
(DGM (F & A))
(14068 Points)
Replied 07 September 2014
One question
when first agreement is till 28-2-15 then why rent was increase with revised agreement 01-8-14.
ITO will definetly catch the point that this is only to save tax on increased HRA.
for your question two rent agreement can be given but both dates must not be clashed. in your example dates are clashed so it is not practical
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