ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone...

ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice - why your claim can be rejected

Posted

HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family members without genuine financial transactions. Taxpayers must ensure claims are backed by credible evidence to avoid rejection.

Read Full Article

Please log in to like, share and comment!