Income tax Dept focused on house taxpayers

     Written by : SMTV24x7 | Thu, Apr 06, 2017, 11:51 AM

Income tax Dept focused on house taxpayers

New Delhi, April 6: As we know that, Income Tax dept had sent the orders to all private firms and businesses to submit all account audits during the demonetization period.Now it has going to concentrate on the fake receipts of house rents by the Public.

Most of the People were submitting the fake receipts of rented house and some say that they are living in their own houses, but actually giving for rent to their relatives. some are earning higher rents and reporting lower rented receipts.

So, In this aspect, The above all are benefited 60% house taxes.

The IT dept already declared that, they have rights to ask the taxpayers, whey they have suspected. Then IT is going to ask the rent agreements, Power bill, Water bill and the letter of the housing society.