There may soon be trouble for those who have been using fake rent receipts to save income tax. The income tax department may soon be asking for proof to check whether the taxpayer claiming deductions ...

Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt after every payment. One critical issue is how different states legislate ...

Submitting fake house rent receipts to claim HRA benefits and lower one’s tax burden may soon be a thing of the past. For, being perturbed by the rising incidence of fake HRA claims as well as guided ...

If you are among the several salaried employees who claim tax exemptions by furnishing fake house rent receipts, this may come as a shock to you. The Income Tax department, it is learnt, is now ...

State laws require rent receipts: Did you give or get one this month? Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt ...