New disclosure mandates and stricter documentation will require taxpayers to prove that rent paid to family members is a ...

Portland will pay homeowners to rent spare rooms — $1,000 for the first room, $500 for others; rent capped at $200/week.

Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has proposed that tenants must now disclose their relationship with the landlord ...

In a move to curb the misuse of House Rent Allowance (HRA), the Draft Income-tax Rules, 2026 have proposed a new compliance requirement for salaried employees.

Draft Rule 205 does not ban rent paid to relatives. HRA claims remain valid if there is a genuine rental agreement and the landlord declares the rental income ...

PENALTIES—Failure to disclose the relationship or claiming HRA through “paper entries" could be treated as misreporting of income. Under Section 439 of the Income Tax Act, 2025 corresponding to ...

The Indian income tax framework has introduced a significant compliance requirement under the revised Rule 205, mandating that salaried employees disclose their relationship with landlords when ...

Many salaried employees claim HRA for rent paid to family members. While the practice remains allowed, proposed tax rules may bring an extra layer of scrutiny. Here's what could change.

The House Rent Allowance (HRA) calculation in income tax returns relies on factors such as salary, HRA component, rent paid, ...

The law taxes the annual value of property based on ownership, not just actual rent received. Even vacant or self-occupied properties can attract tax under Section 22, reflecting their earning ...

Claiming HRA by paying rent to family members has been a common tax-saving method. Yet, changes expected from April 2026 ...

A high-income taxpayer’s Rs 10.65 lakh wrong deduction claim resulted in a Rs 9.44 lakh additional tax demand, including a ...