Those planning to claim tax deductions on the house rent allowance component of their salary have to submit rent receipts to their employers as the proof of the rent payment. At the time of submitting … READ FULL STORY
Last year, several salaried taxpayers came under the scanner of the income tax department for submitting income tax returns with bogus rent receipts from close relatives, among other things. According to media reports, the … READ FULL STORY
House rent allowance (HRA) is typically a part of an employee’s salary. This salary component is taxable under income tax laws in India even though tax deduction to a certain limit is offered. To … READ FULL STORY
A rent receipt is an acknowledgement slip provided by the landlord to the tenant, on receiving the rent as per the terms agreed upon in the rent agreement. Whether you have occupied a residential … READ FULL STORY
Like most states, land revenue in Odisha can be paid using the official website of the Odisha Revenue and Disaster Management Department, better known as e Pauti. The e Pauti Odisha portal or the … READ FULL STORY
Salaried individuals in India are asked by their employers to give proof of previously declared investments before they go for tax deduction from their salaries. If you are living on rent and house rent … READ FULL STORY
HRA stands for House Rent Allowance. The employer provides a portion of your salary to cover the costs incurred towards rented accommodations. If you reside in a rented house, you can claim an HRA … READ FULL STORY
Rent receipts are proof of transactions that happened between the landlord and the tenant. There have been cases where tenants have been denied HRA exemption, on the ground that there was no rent receipt … READ FULL STORY
