hello all
I live surrounded by Bangalore with my parents surrounded by our own house. if I Claim a fake benfit for HRA by producing reciepts signed by
my family unit members will it be a problem??
Answers: :-)
As is the covering with anything fabricate, the problem could certanly arise if caught. In this case of HRA, the check wants to be done by your employing firm.
My personal premonition - do not fake. You enjoy other options to gather on tax...
If you influence it fake your self next there will be a problem ,sure 100% problem ,Dear you can recompense House rent even to your parents ,and owner of the house can issue will issue you receipt for matching (father /mother or any body else as the case may be)
your purpose will be archived from this ,your employer can not lift up question on the authenticity of the receipt given by your father ,and he not ask you query that whether your father/relative has shown the rent within their/his income ,its none of his (employer) Business.
However your parents/relative should add the rental amount as shown reception as income ,
you can download a hra calculator and more about hra from the correlation given below
http://simpletaxindia.blogspot.com/2008/...
Your family member can give you rent unloading, but they must also report it as their income on the tax return.
Forum on India Taxes
http://www.mytaxes.contained by
Very Simple - faked is other harmful and injurious to peace of mind.
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I live surrounded by Bangalore with my parents surrounded by our own house. if I Claim a fake benfit for HRA by producing reciepts signed by
my family unit members will it be a problem??
Answers: :-)
As is the covering with anything fabricate, the problem could certanly arise if caught. In this case of HRA, the check wants to be done by your employing firm.
My personal premonition - do not fake. You enjoy other options to gather on tax...
My check is 300, but the calculator say I should receive 600. Why?
If you influence it fake your self next there will be a problem ,sure 100% problem ,Dear you can recompense House rent even to your parents ,and owner of the house can issue will issue you receipt for matching (father /mother or any body else as the case may be)
your purpose will be archived from this ,your employer can not lift up question on the authenticity of the receipt given by your father ,and he not ask you query that whether your father/relative has shown the rent within their/his income ,its none of his (employer) Business.
However your parents/relative should add the rental amount as shown reception as income ,
you can download a hra calculator and more about hra from the correlation given below
http://simpletaxindia.blogspot.com/2008/...
I owe the IRS backbone taxes, will I still receive an financial stimulus wage?
Your family member can give you rent unloading, but they must also report it as their income on the tax return.
Forum on India Taxes
http://www.mytaxes.contained by
Very Simple - faked is other harmful and injurious to peace of mind.
Resolved Questions: