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Can spouse transfer Rent Income

This query is : Resolved 

27 July 2022 Mr. X having Pension Income, Consultancy Income and he is building owner, the rent agreement is his name but received rent in his wife bank account for whole year total amount Rs. 4,80,000/-. Can we assessed the rent income in his wife ITR or it must be assessed under Mr. X ITR (should be taken under income from house property after getting 30% of maintanenace charges). But Mr. X is denying because if it considered under his ITR then tax payment would be Rs. 70,000 because he falls under 20% tax slab category.

I need your help and best remedy to sort out this confusion.

27 July 2022 Rent agreement with tenant is registered with owner of the building. So, he cannot divert his rental income to any another PAN...
Finally, AO will club the income in husband's hand u/s. 64(1)(iv) of IT act.


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