New house rent allowance exemption rule: How it will affect you: ZeeNews
HRA exemption of over Rs 8,333 a month will need the landlord`s PAN card details as per the new circular issued by Central Board of Direct Taxes (CBDT). What does the new circular mean?
Can the new CBDT circular really tighten its grip around tax evaders?
The new law will be troublesome for the people whose landlords are reluctant to provide pan card details. How can these people find an alternative?
Even if an employee pays rent below Rs. 8,333 per month, he/she has to produce the rent receipts for availing deduction under HRA. In the absence of such receipts what can be done?
Those people who are living in a rented accommodation but paying pre-EMI for the soon-to-be possession of their new home, how can they calculate the exemption?
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