Income tax department gives big relief to taxpayers in HRA claim, know the reason – 2024-05-12 01:08:56

by times news cr

2024-05-12 01:08:56
New Delhi: The Income Tax Department has given big relief to taxpayers in the matter of HRA claims. Especially, for those taxpayers whose House Rent Allowance (HRA) data was mismatching, this is a saving grace. In fact, the Central Board of Direct Taxes (CBDT) has clearly stated that there is no intention of a special drive to investigate cases related to HRA claims. Such news are baseless. The CBDT said there have been some cases of discrepancies between the data available with taxpayers and the Income Tax Department. But no campaign will be conducted for such cases. Issuing clarification in this regard, CBDT said that in the cases that have come to light, the department has alerted the taxpayers so that they can make improvements.

What is the matter?

There was a mismatch between the rent claims paid by many employees and the data to whom rents were paid for the financial year 2020-21. After data analysis, many cases came to light and notices were issued to such taxpayers. It was revealed that a large number of false claims for HRA and rental payments were made. However, only those cases which were of high value were investigated.
Have you given fake HRA proof to save tax? It is certain to get trapped, the government is keeping an eye on it

Don’t pay attention to rumors

CBDT has said that the purpose of e-verification was to alert taxpayers about such cases. No special campaign is to be launched to reopen such cases. Some media reports and things being said on social media regarding this are baseless. There is no need to pay attention to rumours.

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