I'm planning to claim 18k HRA per month staying at my parents' home. Will submit rental receipts with revenue stamps as investment proof .
But I haven't transferred the rent any month(neither online nor cash). Will there be any issue?

like
Posting as :
works at
You are currently posting as works at

Ok listen, I am showing as 30k as rent to my parents....for this ...u need to prepare a rental agreement with your parents, also mention the word... payment may be online or cash....any medium...
Also prepare rent slip with your parents PAN no

like

Safer side...must do rent agreement when u shows as u r giving rent to your parents

like

So basically you care asking if you will get caught once you commit Tax fraud? These days companies take it more seriously than the govt.
Also these sort of hanky panky was okay 15 years back. Now I think govt can track transactions and follow money very well.
So, Be careful.

Up to you.

Karna hi tha toh starting se karo. Every month pay karne ka so that you have a valid transaction to support these things. Ab nahi kiya hai toh show till 8.3k per month only.

Okay. In that case, can I not transfer 216000 in 2or 3 phases like 72k thrice for a year?
I don't have any issues producing the PAN card of landlord(my parent).

Thanks for your valuable suggestions. Since, it's the first time, I'm not much aware. Hence gathering information before doing anything. I want to be legally correct!

Related Posts

How much is a good amount (% wise) to be putting into your pension pot? Would be good to hear at different salary brackets!

like

Anyone else heard the news of KPMG staffing 1,500 employees to work 6 pm to 6 am reviewing documentation for cares act SBA bailout loans? My thoughts are 1- admirable cause 2- I would hate to (cont’d)

like

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

like

Lessons that I learned in past weeks: 1) be careful with out of money options as they don’t have intrinsic value 2) don’t make rash decision based on blindly following others 3) cut loss and ego

like

So what percentage of your income do you spend on housing?

Post Photo
like

I bought $150K bells worth of turnips this week and the price just keep dropping. Anyone have good turnip prices on their island today? Pls save me from financial ruin

likefunny

Hello people,

Need some inputs!

When I file my ITR, it is auto-populating the 'income from other sources' by 40k and increasing my tax liability by 10k however form 26as shows no tax liability.

Should I edit the header to Rs. Xx which is below 10k hence tax exempted and stick to info as per 26AS?

Thanks a lot!

like

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

like

Hello Autodeskers,
I wanted to understand how RSUs work in your favour? I mean if I am getting rsus amounting to 40% of my package, and another company is matching the package with all fixed, should I still choose Autodesk package? How about selling them and taxation? Is it really beneficial or risky?

like

UK - thinking of a buy to let in either Birmingham, Liverpool, Manchester - any recommendations on either /areas where you can get something under £140k.

like

Any good articles, notes , YouTube videos about intraday trading for newbie ?

like

Hi! Pretty new to this concept, and really early within my career (only 3 months in). Currently on my company’s 401k plan, contributing well beyond the minimum to receive a match, and maxing the amount I can put in right now (25%). Dabbled a bit in options and stocks in general. Any advice, guides, or starting places you would give someone in my shoes? Thank you in advance!

like

Implications of a PE firm selling and a company bringing on a new investment partner?

funnylike

Hi folks,

What do you think, is NPS a good scheme of investing in comparison of Mutual funds, stock market and ppf?

like

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

like

Watch out for $SDGR - Bill Gates backed recent IPO- potential next meme stock . No options yet.

like

Anyone know where/how to go about getting L/VL/VA CE credits form insurance carriers? Anyone have some specifics?

like

Quick question - my package includes some fixed component for housing. Say if I spend less than that at actuals, I cannot claim the full amount?

Post Photo
like

Can someone confirm how long does a maintenance case take if wife is earning almost twice of husband and taken the kids along with her? Neither willing to stay in matrimonial home, not willing to give the kids or come back because she wants to work in another city and stay close to her own parents.
Demanding huge money in the name of kids to end the case. Should the guy pay the amount(1.5 times his CTC) or should wait for court?
How much maintenance is she eligible for considering her income?

like

Just bought a home and have some large capex coming up. Redo kitchen/finish basements and other stuff. Does it make sense to pay out of pocket for it if I can afford it or borrow and add on to my mortgage?

More Posts

How long does it normally take before bonvoy nights post on the account? Lately it’s been like 2 weeks…

like

Got my PERM approved last week and just submitted all the docs for the I/140/485/combo cards. How long it takes for attorneys to file it now?

like

I have my second round of interview for consultant role with mastercard data and services. Can anyone here help explain the kind of projects the team does, and also how your interview experiences have been? Thank you!

Will CTS change the job location in the offer released? It's different to what's been agreed not sure if they're in rush to release offer and such occurrence.

like

Hi Guys, this is the platform to share your queies and experiences with various IT / IT related things. Please feel free to join and engage this bowl.

Hi Boschelrs,

How do you see the name change from RBEI to Bosch Global software technologies ? Does this indicate that Bosch plans to attract talented resources and hire them for competitive packages ? 😋

like

What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

like

Hi all,

My boss makes jokes about me being from a different country whenever there is a work meeting or a gathering with coworkers, even though he knows where I am from. This usually occurs when I meet new work-related people or for example if I am in a situation that involves ethnic related subjects.

What is this? This is normal?

Stereotyping?
Racism?

The first time I ignored that, but now it has become a pattern and is bothering me now. I am south-American working in the UK.

like

I currently work at a large research institution and am in the process of getting retroactively reclassified to a new title (Long story but my PI is cheap and routinely pays ppl the bare minimum so now the Union is helping me w/ a retro reclass.) Reclass can take 2 - 6 months to process. Meanwhile, I am interviewing for industry job. If I get an industry job, what do I do if my reclass isn’t processed yet? I want the title and the money owed which may be about $15000- 20000.

like

In today’s meeting when asked if we’re working on #Juneteenth, a new Federal holiday as of 2022…
Someone challenged this by saying “We work on Columbus Day”
Likeeee are you talking about Columbus that stole land from indigenous ppl?!

Post Photo
funnylike
like

Audit manager here. Planning to talk to partner in charge about becoming a partner eventually. Any tips about what to ask?

like

Word on the street about another Big4 Global Mobility practice in contact with another party … a huge deal going to happen … but who, when and how much?

like

How is everyone doing during these crazy times? I’m certainly grateful that I have a supportive partner and we are well prepared staying at home BUT I am incredibly scared by this virus. (Cont..)

like

your best feature? I’ll go first, my hugeeeeee heart

funnylike

Any experience with HIG Whitehorse (direct lending) interviews at Analyst/Associate level?

like

Crowdsourcing reccomendations for resources for in-house lawyers at a tech company. Books, blogs, other paid resources - all suggestions welcome.

Looking for structured and detailed resources particularly on things like contracting and general introductions to various aspects like employment law, data protection laws, etc. You get the idea.

Non indian law sources which explain concepts very well are also welcome. Thanks in advance!

Para 2

, good for nothing husband and they regret that this marriage happened and dragged every single discussion/scenario that we had in these many months in front of the family members.

i never abused my wife, never demanded anything materialistic from her and or her family, i have taken her to different places, bought everything that she demanded for

Hi Sharks,

I am currently serving my NP and my LWD is 2nd Sept.

Skillset - Power BI, Alteryx ,SQL & basic Python

Preferred locations - NCR

Please help me with the referrals

like

Additional Posts in Consulting India

I see people post about their in hand offers/ CTC and wonder what wrong am I doing.
As a SCM professional, I'm searching jobs for a year now with no success. I'm even ready to accept a low-ball salary offer/ pay cut due to personal reasons, but nah!
It hurts even more after successfully clearing interviews and then get ghosted by recruiters.
Has anyone faced such situation and how did you overcome it? Need suggestions.

Does Amazon referrals really help to get a call Infosys Tata Consultancy Amazon

like

How are appraisal cycles in eversana? Do they give decent hikes?

like

How much salary can one ask for Product Manager in EY if already holding an offer of 38L with some other firm?

like

I have two offers.
1. Impetus - x LPA
2. Legato - x+3 LPA

Which is the better company to join?

Impetus has realeased the offer letter but Legato isnt releasing the letter and saying there is technical glitch. My LWD is in 3 days. I need to select one ASAP. PLEASE HELP 🙏

Tech stack: Data Engineering/Big Data

like

Zindagi sai hai , tension nai hai - posted yesterday .

Aaj PIP raise ho gaya 😭

funnylikehelpful

What is the average salary of a CMD specialist in Orange and what is the job role?

Got Presurvey email post interviews @ Deloitte USI for Consultant role.
What is the ETA for the next step ?

like

Do you guys think companies are taking advantage of covid and deliberately giving lower offers??

like
like

Hey guys.
I started my notice period journey ~3 months ago, when i received an offer from company A.
Now at the end of my notice period I have decided to join company B.
Company A was very supportive during my notice period and always open to negotiation on salary and location. I'm feeling guilty not joining them 😕

Can anyone tell me how bosch worklife balance in bangalore? And what is office timing? And what are benifit they give to employ?

like

Anyone here from CitiusTech?

At what time do we receive salary in our bank accounts?

Also where and when can we check payslips?
TIA

like

I am a Team Leader working in Wipro Delhi and it's been 5 years approx. Got here as an executive and now Going to appear for B2 next month.

But also, I am giving a thought to change of Organization. So, confused a lot as current process is quite a mess and Salary too low.

Looking for some valuable suggestions. Please help.

*Off Topic*

What antivirus are you using in your personal laptop?

like

Is PwC India provide wfh setup cost to employees?

like

I am up for promotion but I don’t want to get promoted. Can I do something about it? I don’t think I am ready for my next level yet.

like
like

Hello Fishes , Any opportunity for big data engineer in product based company for 6+ year experience ?

Hello Everyone,

Hope everyone is doing good 😊
I just joined HCL as a Technical Specialist withe the CTC of 13.5 lpa ( 67k is variable out of 13.5 lpa.

How much in-hand salary I can expect per month.

Thank you in advance.

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal