Friday, June 2, 2023

Claiming HRA tax exemption? This is what your rent agreement should include

HRA tax exemption: Employers must collect supporting documents, such as rent receipts, in order to provide the HRA deduction benefit when calculating TDS on salary. The rent agreement will be considered legally valid if it has the signatures of witnesses, the landlord and tenant, and is notarized as well.

from Tax-Wealth-Economic Times https://ift.tt/DUkpbm5

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