Rent agreement and rent receipt are necessary to claim HRA… Proper rent agreement and payment through banking channel will facilitate the employee to claim HRA… Also, this income from rent will be reflected in the Annual Information Statement (AIS) of the landlord... In this case, the landlord will have to pay tax... Otherwise it can be considered as tax evasion...
#hra #HRA #houserentallowance #rent #pancard #PANCard #PAN
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