HRA exemption of IT
Please confirm whether both husband and wife can claim HRA exemption individually without PAN of owner even if the aggregate amount exceeds Rs. 1Lakh.
(i.e.) Husband claim for Rs. 8000 per month (Rs.96000 per annum) and wife claim for Rs. 7500 per month (Rs.90000 per annum) and the sum amounts to Rs. 1,86,000.
Hello Mr Rajaram
If the rent paid is more than 1 Lac then you require PAN of the Landlord and if owner doesn’t have the same you need to take declaration from him. For Income tax every assessee is separate and if your rent is less than 1 Lac then it wont be required