Thursday, February 7, 2019

Over 6 lakh Employees under Income Tax Scanner for not paying Tax on HRA

The Income tax department has started investigating on over six lakh salaried persons for tax evasion by misusing the exemptions given as House Rent Allowance (HRA). The Income Tax rules provide relief to salaried employees by not making a large part of the House Rent Allowance (HRA) fully taxable. Under Section 10 (13A) of the […]

The post Over 6 lakh Employees under Income Tax Scanner for not paying Tax on HRA appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2WJJFSN

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