Hello All,
Could you please update PAN is mandotary for any amount of HRA?
If yes from which date it is applicable
Looking forward to your valueable feedback :)
Regards,
Rakesh
Rakesh Kumar (Sr. Finance & OPS Executive) (87 Points)
11 February 2013Hello All,
Could you please update PAN is mandotary for any amount of HRA?
If yes from which date it is applicable
Looking forward to your valueable feedback :)
Regards,
Rakesh
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 16 February 2013
If the Rent paid to any person is exceeding 2 lacs in a year, then disclosure of PAN is mandatory. It is applicable from current FY 12-13.
Nikhil Kaushik
(Fellow CA)
(85622 Points)
Replied 17 February 2013
Dear Rakesh,
The requirement to quote Landlord's PAN is an old one and is revised every year to keep it in sync with the maximum exempt income limit (which is currently Rs 2,00,000).
You may refer to CBDT Circular no. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012 for further details.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
