Salaried employees in India claim tax benefits under House Rent Allowance (HRA) by submitting rent receipts. However, in an attempt to save money, tax-payers may often resort to submitting fake ...

Many salaried individuals in India claim House Rent Allowance (HRA) benefits by submitting rent receipts. However, some people resort to fake receipts to save on taxes. Tax experts warn that the ...

In the era of Artificial Intelligence (AI), the Indian Income Tax Department is leveraging AI technology to detect fraudulent rent receipts used for claiming House Rent Allowance (HRA). The ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA exemption under Section 10 (13A) of the Income Tax Act if they pay rent for ...

Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA ...

Yes Income Tax department has allowed deduction of HRA for 2 eligible houses provided you should have proper records for validation like rent receipts, actual payment details etc. And eligible amount ...

Arjuna (Fictional Character): Krishna, a taxpayer, is paying ₹51,000 per month as rent for his residential flat and is not engaged in any business or profession. Based on these facts, is he required ...

The House Rent Allowance (HRA) is a crucial component of your salary if you live in rented accommodation. Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool ...

The Income Tax Department is sending notices to salaried taxpayers who claimed House Rent Allowance (HRA) but did not deduct tax at source (TDS) on rent payments in past financial years.

If you are employed, and receive a house rent allowance (HRA) as part of your salary ... and you need monthly rent receipts. The rent can be paid either through a transfer to a bank account ...