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HRA claims and tax scrutiny: CBDT assures no review of old HRA mistmatch cases; but here's what experts suggest
Saturday, 20 April 2024
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.
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