Searched for
HRA TAX NOTICE
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
- Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
- Income Tax Act 2025: New rules to kick in from April; why you should recalculate before deciding between old and new tax regimesWith the overhauled Income Tax Act taking effect from 1 April, taxpayers must prepare for new rules—and the renewed old vs new tax regime d...
- Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayersNew draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old re...
- Can your HRA tax exemption claim get rejected despite submitting all proofs?Salaried individuals claiming HRA tax exemption should ensure accuracy and compliance, as discrepancies can lead to rejection. Tax officers...
- New ITR Utility: Is landlord’s PAN card needed for claiming HRA while filing income tax return?Rent HRA: The income tax department has released new excel and online utilities for ITR-1 and ITR-4. However, in the new excel utilities ta...
- Got an income tax notice? Here are common types of tax notices and what to do to avoid penaltiesIncome tax notices can be daunting, but understanding them is crucial. The Income Tax Department issues various notices for reasons like mi...
- Claimed HRA but skipped TDS? Income Tax department comes knocking with noticesTaxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under Section 194-I, tena...
- Income Tax: Can you claim HRA tax exemption for society maintenance charges also?Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA if he/she live...
- Paying rent in cash without a rent receipt? Know why your HRA claim may be rejected, and you may get an income tax noticeHouse rent allowance: Tenants will get into trouble with the income tax department if they are paying rent in cash and the landlord does no...
- Misuse of PAN for fake HRA claims under I-T dept radar: What should landlord do in case of a fake claim?Fake HRA Claims: If a tenant is using someone else's PAN to make a fake HRA claim, then without doubt the tenant would get into trouble, ho...
- Proof of HRA claims of previous years; can you really take it easy after CBDT's assurance of no review of old HRA casesRent HRA: The Central Board of Direct Taxes (CBDT) has clarified that there is no special drive to identify fake HRA claims from previous y...
- ITR Filing FY2022-23: Do you need to revise your income tax return (ITR)? Find out hereITR Filing FY2022-23: Revised income tax returns for the current assessment year can be filed till 31 December 2023. The revision can be do...
- Salaried getting income tax notices for deductions of FY21-22 ITR: Watchouts for current ITRSalaried individuals have come under income tax department's scanner for making fake deductions claims in the income tax returns filed last...
- How to claim tax exemption on HRA without landlord's PANAs per the Rule 26C of the Income Tax Act, employee needs to fill and submit Form 12BB to one's employer, by mentioning the property owner'...
- How to guard against these 5 tax evasion practicesAccepting cash or repayment of loans from friends and family in cash for amounts higher than Rs 50,000 and not reporting it is also evasion.
- Income Tax: Top 5 reasons why you could be paying more taxAs per a report released by a tax planning portal, salaried employees can save more than Rs 15,000 on average in taxes every year.
- Income tax return: Top 5 reasons why you could be paying more taxAlthough the only certainties in life are death and taxes, have you ever wondered why some people end up paying more tax than their peers?
Load More
