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 ...

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

Budget 2026 introduces significant perquisite rule changes, lowering taxable housing valuations and increasing tax-free ...

The draft rules are part of a bigger plan to modernise India's income tax system by changing how individuals think about it, ...

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...

House Rent Allowance claims under the old tax regime now require salaried individuals to disclose landlord relationships in Form 124 for rents over ₹1 lakh.

Currently, you only declare the rent amount paid. Under the new rules, you must also state if the landlord is a relative.

Taxpayers using the Old Tax Regime to claim House Rent Allowance (HRA) may soon face stricter disclosure norms. Under the ...

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 ...

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.

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

The draft income tax Rules 2026 make it mandatory to disclose your ‘relationship with landlord’ for claiming HRA ...