Claiming HRA Benefit with Fake Rent Receipts Is Not Valid Anymore

House Rent Allowance is the second largest component of salary that is structured to save on taxes for individuals living in rented accommodation. If the salaried individual has his/her own house and doesn’t live in a rented house then HRA is not applicable. To benefit from this tax exemption, many employees are in the habit of submitting fake rent receipts while staying in their own houses Read More



Comments