Draft Form 124 Proposes Mandatory Disclosure of Relationship With Landlord for HRA Claims

Last updated: 23 February 2026 Follow on Google News

The Draft Income Tax Rules 2026 propose a more structured reporting framework for employee tax deduction claims, with Draft Form No. 124 introducing detailed disclosure requirements for House Rent Allowance (HRA) and other deductions. The move is aimed at improving transparency, strengthening docume

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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