In case landlord is not having PAN then he/she has to sign on self declaration where he has to mention that my income does not exceed statutory limit under Income tax Act,1962.
What is the statutory limit prescribed under Income tax Act,1962 ?
From India, Bangalore
What is the statutory limit prescribed under Income tax Act,1962 ?
From India, Bangalore
If any income of an individual is above Rupees 1 lakh per annum, it becomes taxable as per the statutory limit prescribed under Income tax Act,1962. House rent is Income from House Property and the same rule is applicable. Here is Rent Receipt without PAN- Sample declaration format
A Format of Deceleration May be as follows :-
Date
To
Name & Address
DECLARATION
I ____________(Full name and address of the declarant) aged ____ do hereby declare that I have leased the Flat No._______________________________ From 1st April’2013 to 31st March’2014 to ___________( Name of lessor) at a monthly rent of Rs. _______/- ( __________________ only). Further I do hereby declare that my total income during the financial year 2013-2014 did not exceed the statutory limit prescribed under Income tax Act,1962 and have not assessed to tax and does not have a PAN card .
Verification
I,_________________ do hereby declare that what is stated above is true to the best of my knowledge and belief.
Verified today, the _____________ day of _________________
Date : ________________Place : ________________ (Name of The Declarant)
From India, Secunderabad
11A Format of Deceleration May be as follows :-
Date
To
Name & Address
DECLARATION
I ____________(Full name and address of the declarant) aged ____ do hereby declare that I have leased the Flat No._______________________________ From 1st April’2013 to 31st March’2014 to ___________( Name of lessor) at a monthly rent of Rs. _______/- ( __________________ only). Further I do hereby declare that my total income during the financial year 2013-2014 did not exceed the statutory limit prescribed under Income tax Act,1962 and have not assessed to tax and does not have a PAN card .
Verification
I,_________________ do hereby declare that what is stated above is true to the best of my knowledge and belief.
Verified today, the _____________ day of _________________
Date : ________________Place : ________________ (Name of The Declarant)
From India, Secunderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Statutory Compliance of a Industrial or Commercial Unit.xls
Statutory-compl iance.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx