I am watching YouTube videos where they use websites like e-drafter to generate rent agreements. Also sites like magic bricks are also there to generate a rent agreement.
I want to know if the rent agreements generated via these sites are considered legal while filing ITR. This is my first time doing this.
Help appreciated!
A simple piece of paper that's says "I, A, rent my house to B for X amount" with both people's signs is a valid contract for tax purposes (provided its actually true, obviously). To take away the hyperbole, yes, it's perfectly acceptable. ~Lawyer
For people who lie in the 30% tax bracket, how do you save taxes?
Do you suggest making a dummy rent agreement on your parents name to save HRA?
Got to know that if monthly rent is more than 50K, the tenant has to pay TDS as well. How...
is there any risk involved with this? please comment if you been submitting fake receipts since a long time and how you do it.
Asking for a friend who is not on GV:
Hi, while submitting HRA proofs, I forgot to attach the previous rent agreement which covered the first 5 months of the year. As a result, the team has come back and only approved hra claim for the ...
Heard on app people getting notices Any info on this? Is it also for <1 lakh claims