Fake house rent receipt can cost your job
This is common practice to produce fake house rent receipts to claim higher tax relief on HRA. Many of people, I know do this year after year. They purchase readymade rent slip book from market, fill up the details and one of friend sign there on receipts after pasting revenue stamps. Then these receipts get submitted to company.
It’s also required to submit copy of rental agreement if rent per month is above Rs. (where is my rupee symbol?) 10,000/-. Ah, no big deal, take your rent agreement, scan it and open Photoshop or even MS-Paint if you are keen ☺, change rental amount to whatever you want and take a print-out of modified version.
I didn’t heard until recently that anybody get published due to such activities but a recent verdict by High Court clearly implies that if employer found any discrepancies, then the employer can sack you. (Source)
Another practice people employ is to submit fake LTA bills. “The trick is very easy. Book train tickets online from IRCTC, take their printouts and then cancel those tickets. After some time, submit these tickets to claim your LTA”, said a friend working in Infosys. He is doing this since years. Another safeguard here is that railway recycle PNR number after some time, so almost no way to trace whether you actually traveled on these tickets or not.
Well, I want to say just one thing, how corrupt the Govt. is, it’s still run on our money only. Country is changing may be on slow pace but changes are there. Whatever not happened in past may happen in future. Now days almost every transaction is get attached with your PAN number, why take risk for patty amounts? So don’t do such malpractices and always vote in elections, if you think you are wrongdoing due to bad politics, corruption and all. Remember, someone said very well, “Bad politicians are elected by good citizens who do not vote.”
