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Fake rent receipt won't help you lower tax burden anymore

Fake rent receipt won't help you lower tax burden anymore

Wednesday, April 5, 2017, 9:54 AM

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. IT department now has good reason to insist-on-proof from the taxpayer showing that he is indeed a genuine-tenant.
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