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Rent above ₹50,000 per month? Why claiming HRA alone won't keep the Income Tax department away
You pay your rent diligently each month, file your income tax returns on time, and even claim your House Rent Allowance (HRA). But suddenly, an unexpected Income Tax Notice arrives, questioning your ...
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Income tax rule: Do you need to deduct TDS if monthly rent exceeds ₹50,000? Here's the clear answer
The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially when rent crosses a certain limit. Many landlords and tenants remain confused ...
A lot of people who move to metros or other big cities often face difficulties when renting accommodation. Many times, they don’t feel confident negotiating terms and conditions with landlords. This ...
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