can somebody pay rent of more than rs 20,000 to be claimed for hra?
plz advise. with referene3 to 269 ss or 269 t section
8 Replies
Sonakshi Mangla
(Employee)
(310 Points)
Replied 27 April 2015
269ss & 269t are applicable in case of loans... an employee can claim HRA any amount but one has to provide pan number of Landlord in case the total rent payments exceeds Rs. 100000 in a year..
Rushabh
(article)
(49 Points)
Replied 27 April 2015
269ss nd 269t about loans not about rent . .employee claim any amount as rent as paid
Rohit
(student)
(33 Points)
Replied 28 April 2015
Is in case of Individual and HUF not under 44AB Tax Audit during last year may skip deducting TDS but in other cases TDS has to be deducted?
Sonakshi Mangla
(Employee)
(310 Points)
Replied 28 April 2015
rohit she is talking about an employee.. an employee does not run a business..and not liable to deduct TDS..
ayesha
(mcom)
(1185 Points)
Replied 28 April 2015
but section 40 a 3 does not allow payment of more than rs 20,000 in cash as rent paid on single day. so is rent payment allowed.
CA AnKiT BoHrA (AB)
(Manager)
(25955 Points)
Replied 28 April 2015
nopes..Even rent payment is also disallowed u/s 40a(3)
if its for business
For personal or salaried, its allowed
Sonakshi Mangla
(Employee)
(310 Points)
Replied 28 April 2015
section 40(a)3 is covered under PGBP.. so i dont think that in case of employee paying his residential rent 40a3 will be applicable
Nirav
(Accountant)
(595 Points)
Replied 03 May 2015
No..I can't stay in such house whose rent more than Rs.20000.
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