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HRA (House Rent allowances): You Can Claim HRA Benefits Without Landlord's PAN

HRA (House Rent allowances): You Can Claim HRA Benefits Without Landlord's PAN HRA (House Rent allowances): You Can Claim HRA Benefits Without Landlord's PAN Under Income tax
IF ANNUAL RENT MORE THE 1L:


Annual rent paid by the employee exceeds Rs 1 lakh per annum, it is mandatory for the employee to report PAN of the landlord to the employer as per income tax law





IF No PAN card with Landlord in case of HRA (House Rent Allowances) under income tax law:



The tax law also says that in case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address should be filed by the employee.



Even if the company may not allow HRA exemption to the employee, due to non-availability of PAN or a declaration by the landlord of not having PAN, still the employee has the option to claim so while filing his/her income tax return



A Format of Deceleration May be as follows :-

Date

To

Name & Address

DECLARATION

I ____________(Full name and address of the declarant) aged ____ do hereby declare that I have leased the Flat No._______________________________ From 1st April’2018 to 31st March’2019 to ___________( Name of lessor) at a monthly rent of Rs. _______/- ( __________________ only). Further I do hereby declare that my total income during the financial year 2018-2019 did not exceed the statutory limit prescribed under Income tax Act,1962 and have not assessed to tax and does not have a PAN card .

Verification

I,_________________ do hereby declare that what is stated above is true to the best of my knowledge and belief.

Verified today, the _____________ day of _________________

Date : ________________Place : ________________ (Name of The Declarant)











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