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Planning to submit fake rent receipts to claim HRA? Here's how Income Tax dept catches fraudstersSalaried 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 ...
"Rent received from family members must be disclosed in the house property section (Schedule HP) of the tax return, which ...
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 ...
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