HRA claims mismatch: Taxpayers should remain cautious. If there’s a discrepancy between the rent paid and the rent received by the landlord, potential tax evasion issues may arise. Taxpayers making false HRA claims, whether intentionally or unintentionally, should be concerned about receiving a tax evasion notice from the income tax department.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News