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Hi, What will a company do with the Investment proof documents and the HRA documents submitted by the employee? Will the company submit those documents to the Income tax department?
From Taiwan, Taipei
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There are clear instructions from the CBDT for companies to verify the accuracy of investments made by employees. Companies are responsible for ensuring the correct deduction of income tax. The documents/proofs submitted to the companies will be retained by them.
From India, Lucknow
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