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vinay252525 (Consultant)     18 January 2012

Faking an rental agreement

Sir,

80% of employees claiming House Rental exemption claims are faking Rental agreements yet the Stamp paper is genuine. Of course it is a software company. What is the liability on the employee and employer?

Thank you

vinay



 1 Replies

Shonee Kapoor (Legal Evangelist - TRIPAKSHA)     18 January 2012

Liability is of the employee only as they can be levied Income Tax and penalty.

 

Employer has no liability.

 

 

Regards,

 

Shonee Kapoor

harassed.by.498a@gmail.com


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