Tax expert CA Ruchita Vaghani said contrary to popular belief, the Income Tax Act does not require a formal rent agreement ...
While a formal rent agreement is not a legal prerequisite, digital payment trails and landlord PAN details are essential to ...
The Federal Board of Revenue (FBR) has removed an anomaly in the income tax law for calculation of income tax from salaried class on house rent allowance, which is part of the salary. In this regard, ...
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