State laws require rent receipts: Did you give or get one this month? Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt ...
Submitting fake rent receipts to pay lower taxes may no longer be an option. Taxpayers may be asked to produce proof of the supposed rent they have paid to claim House Rent Allowance. According to a ...
An Income Tax Appellate Tribunal bench here has held that an assessee cannot be granted exemptions on house rent allowances (HRA) against “sham” rent payments, like the one made to one’s parents ...
Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt after every payment. One critical issue is how different states legislate ...