Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has ...

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

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

If you frequently deal in cash transactions, buy property or vehicles, or claim house rent allowance (HRA), the proposed ...

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 ...

The government has proposed a major change in the rules for claiming HRA (House Rent Allowance) under the new Income Tax Act, 2025. According to the draft rules, from April 1, 2026, when claiming HRA, ...

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.

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.

The draft rules make it mandatory to disclose the relationship with the landlord for claiming the HRA benefit.

As per the Section 10(13A) it seems that the exemption can be claimed only in respect of one house occupied by the employee. However there is no restriction as to whether the same can be claimed in ...