Rent Agreement for the lock down period
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Dimers have always helped to saved some hard earned money..
so may be if some legal or CA dimer can help please
My employer requested a Rent Agreement as a compulsory condition to get HRA benefit, where the rent agreement should clearly specify the duration of the period exemption is claimed i.e from 1st April 2020 onwards .
Now my query is – During the period starting from nationwide lock down from 24th March 2020 till Unlock 1.0 started from June 1,2020 – most of the sub registrar office and notary services were suspended so legal rent agreement work was NOT done in most of the courts/sub registrar office. Want to know if there is any verdict from any court or any other law which provides exemption that if a rent agreement created on a later date can cover the entire HRA claimed period starting 1st April.
What and how I should do to satisfy my employer condition of rent agreement with start date of specified period..
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Agree
Upto 50k PA no proof
Upto 1L PA rent Reciept
upto 1.5L PA rent reciept with pan card of owner
1.5L+ Compulasry registered rent agreement
@karanoshan Can you share/PM me a legally acceptable clause that can be inserted into the agreement now so as to make its usability to claim HRA starting 1st April 2020.
Thanks in advance
Your employer has asked for an “agreement” not a “registered agreement”. An agreement on stamp paper is valid even if it is not registered. And for an unresgistered agreement, as long as both parties agree, the effective date can always be different from the date of signature. The wordings can be such that the agreement is being made to formalise an earlier verbal agreement.
Can anyone send latest rent agreement format?
Claiming HRA @ 15k/month with rent receipts as proof will suffice? Or agreement is reqd? If so, making today is ok for ay 21-22? Payment will be done from now only till March as 3×15 annual payment as 15×12?
Any points to consider?
What if we were not paying rent as of now and pay whole amount in one transfer ? Like transfer of 90k one time assuminh 15k pm rent for 6 month. Will it work ?
It all depends on the HR/Accounts team person.
Usually they look for rent receipts of 3 (before 31dec20) + rental agreement (not all companies ask for it). So total 4 attachments in the HR portal.
They don’t care how you have paid them.
Rental agreement means, the agreement between landlord and tenant with PAN details printed and signed by both parties on Rs20 stamp paper. No need to register it.
Also this year will face new chalange as many people are paying rent through credit card and not sure how company will accept it for HRA
Most people are staying at home, claim rent paid to your parents 
One simple hack to decrease your tax liability and this time ITD won’t raise eyebrows as you are actually working from home 
Can you know for fy19-20, I declared less rent so while filing ITR can we increase this because of less rent I am liable to pay 12.5k.
VU