From now, If annual rent paid by the employee exceeds Rs 1,00,000 per annum, it is mandatory for the employee to report PAN of the landlord to the employer.
Earlier this limit was Rs. 2,00,000/-
Land lord pan required if rent paid exceeds rs. 1,00,000
CA Mukesh Goyal (Assistant Manager) (143 Points)
12 October 2013
CAclubindia
