Rental Management is an end-to-end property solution clubbing together various services such as finding a tenant, rent collection, rental agreement drafting assistance, tenant vacation inspection etc. In the past, renting a house was considered a simple task and the risk involved was also low. However, in recent times, this supposedly simple task has become...Read more
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Rent receipts under Income Tax lens
MUMBAI: For as long as anyone can remember, producing fake property rent receipt, often from parents and relatives, has been an easy way to lower tax burden. Such cavalier disregard for tax rule was overlooked by most employers as well as taxman, who possibly felt it was a minor transgression. Perhaps, not anymore. The income...Read more
