New Delhi: The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T deductions and increased responsibility of auditors and ...

CBDT notifies rules under IT Act, 2025, offering enhanced HRA benefits for taxpayers while making disclosure of the landlord-tenant relationship mandatory ...

The new Form 124 requires disclosure of a relationship, if any, between a tenant (assessee) and a landlord, which tax experts said could act as a meaningful deterrent against fictitious or inflated ...

The new Income Tax Act, 2025, which replaces the six-decade-old law, will come into effect from April 1, 2026.