The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...
You pay your rent diligently each month, file your income tax returns on time, and even claim your House Rent Allowance (HRA) ...
Many taxpayers who have claimed an HRA deduction exceeding ₹5 lakh in their income tax returns have received an email from ...
A Health Reimbursement Arrangement (HRA) is an employer-owned and funded account to which Purdue contributes funds that may be used tax-free for eligible medical, prescription, over-the-counter, ...
Salaried taxpayers claiming HRA exemption in their ITR must provide their landlord’s PAN if annual rent exceeds Rs 1 lakh.
In order to use HSA funds when you have an HRA on the stack, you will have to log in to the member portal at www.hsabank.com or log in to the mobile app to either make a payment from your HSA to a ...
The IT Department cross-checks HRA claims through multiple sources, including Form 16, PAN records, and employer filings. Here are some of the key red flags that can attract a tax notice ...