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14 Things You Won’t Miss Out If You Attend Rent Payment Receipt | Rent Payment Receipt

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The assets tax administration now has acceptable acumen to assert on affidavit from the tax payer assuming that he is absolutely a 18-carat tenant, blockage in the acreage in question.

A salaried agent accepting ‘house hire allowance’ from the employer could escape advantageous tax on at atomic 60% of this bulk by breeding adulterated hire receipt.

However, according to a contempo attorneys ruling, the assessing administrator can now appeal affidavit — such as leave and licence agreement, letter to the apartment branch association allegorical about the tenancy, electricity bill, baptize bill etc. — in acceptance a lower taxable assets as computed by a salaried employee.

“The ITAT (Income Tax Appellate Tribunal) cardinal has now laid bottomward the belief for the assessing administrator to accede the affirmation of a salaried agent and if all-important catechism its justification. This will put the onus on the salaried chic to chase the rules in availing the tax rebate,” said Dilip Lakhani, chief tax advisor, Deloitte Haskins & Sells LLP.

Understandably, none of the appropriate abstracts are accessible with salaried advisers appointment

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