WebAug 12, 2024 · "Once a person is to file his/her income tax return, there is no requirement to furnish the PAN of landlord," he adds. ( Also Read: Fake Rent Receipts For HRA Tax … WebPAN Card for HRA Exemption For claiming HRA, one needs to give details regarding PAN Card information. There was a circular laid down by the Income Tax Department of India, …
Rent Receipt - The Economic Times
WebApr 5, 2024 · fake rent receipts Tax Income Tax Department Salaried employees HRA Income Tax Appellate Tribunal (Your legal guide on estate planning, inheritance, will and more.) Download The Economic Times News App to get Daily Market Updates & Live Business News. ...more View 155 Comments on this Story Income Tax Slabs fy 2024-24 WebIf your parents do not have a PAN card, they need to give a declaration stating the same. They should also fill out Form 60, and you need to submit the declaration along with this … local tutor norwalk ct
Fake rent receipt punishment: Penalty for false HRA claim
WebMar 3, 2024 · In case you submit fake rent receipts, the IT Department may send a notice seeking valid documents, initiate scrutiny, or cancel the HRA exemption. If the income is under-reported, the department can levy a penalty of up to 200% of the tax applicable on the income misreported. What is HRA? WebStep 1: Firstly, click on Scripbox Rent Receipt Generator. Step 2: Secondly, enter details on the form such as your name, landlord’s name, and PAN. You must enter the correct rent … WebFeb 8, 2024 · PAN Card for HRA Exemption. The government of India has made it mandatory for the employees to provide Permanent Account Number - PAN card … indian head md post office hours