Salaried taxpayers, who want to claim I-T exemption on house
rent allowance exceeding Rs one lakh per annum, will have to obtain the PAN
card number and other details of their landlord on a plain A-4 size paper
before submitting it to their employer.
The circular has not stated explicitly about the kind of document
so it is considered that a plain piece of paper would do," a senior
department officer said. The Income Tax department will require this document
to enable exemption for a taxpayer under House Rent Allowance (HRA) after the
Central Board of Direct Taxes (CBDT) issued a ciruclar in this regard in
October last year.
Reference: economictimes.com
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