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Reporting landlord & housing-loan lender PAN in the fourth quarter Form No. 24Q

Reporting landlord & housing-loan lender PAN in the fourth quarter Form No. 24Q

Currently, employees who wish to avail HRA exemption are required to submit the PAN of their landlord(s) to their employer if the aggregate rent payment exceeds Rs 1 lakh in a year. Until FY 2015-16, employers were not required to submit information on landlord PAN to the Income Tax Department. This changed in FY 2016-17. […]

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