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

Postado

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

Faça o login para curtir, compartilhar e comentar!

National

Dharahara generates over Rs 48.3 million in revenue since paid operations began

KATHMANDU: The newly reconstructed Dharahara, reopened to the public after being destroyed in the...

Por 0 1

Entertainment

Ravi Kishan remembers Mukul Dev at Son of Sardaar 2 trailer launch

The trailer launch of Son of Sardaar 2 became a poignant tribute to Mukul Dev, whose last film...

Por 0 1

Entertainment

Anurag lashes out at this OTT platform for ghosting him

Anurag Kashyap reveals his heartbreak over Netflix shelving his adaptation of 'Maximum City'...

Por 0 1

Business

US markets today: S&P 500 and Nasdaq retreat from record highs, Donald Trump tariffs jolt investor sentiment

US stocks declined on Friday, reversing course from record highs due to President Trump's new...

Por 0 3

Business

Electric truck push: Government offers up to Rs 9.6 lakh incentive per vehicle under PM E-DRIVE; SAIL to procure 150 e-trucks

The government introduces a scheme to promote electric trucks. It is under the PM E-DRIVE...

Por 0 4