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Surprised to see nobody has posted anything about this yet, I've seen a few posts in different forums and Reddit. I've myself received it too, SMS from Income Tax Department requesting for feedback on High Value transactions, in this case I checked and it is due to credit card payments. In my...

I see a lot of people faking rent to get tax exemptions. What I will write applies to ANY tax claims you're making. If the rent is not legitimate as in the property does NOT exist and you do NOT reside there then you are committing TAX FRAUD. Providing forged documents to avail tax exemptions...