Why Fake Rent Receipts Won't Help You To Reduce Tax Burden Anymore?

House rent paid under House Rent Allowance is used by almost all salaried employees to save tax. The Income Tax department no longer will consider fake rent receipts as a valid form of the tax concession. Employees will be required to provide additional evidence and documents to support their claim under House Rent Allowance.

From now on, claiming tax benefits on rent paid under House Rent Allowance rules of Income Tax Act will no longer be that easier. If you are staying at your parent's or relative's place, claiming tax benefits under HRA rules of income tax act will not be easier.

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