Claim of HRA Receipt
This query is : Resolved
07 March 2008
Fact: My wife has taken a house on rent against which she has no rent agreement from the land lord. I have taken that house on sub rent from her without any sub rent agreement and as per mutual understanding I am paying the rent Rs. 2100/- to the actual landlord and balace Rs. 5000/- in cash. And as she has no other income she did not file ITR.
Query: Whether I can claim Rs. 7100/- as Rent Receipt on the basis of above fact?
Whether I had to prepare a sub rent agreement for claiming rent receipt?
Whether such income will be clubbed in my income?
Please explain.
Query: Whether I can claim Rs. 7100/- as Rent Receipt on the basis of above fact?
Whether I had to prepare a sub rent agreement for claiming rent receipt?
Whether such income will be clubbed in my income?
Please explain.
07 March 2008
No u cannot claim Rs.7100/- as rent. Further, it is good if you prepare a sub rent agreement.
07 March 2008
NO U CANNOT CLAIM 7100/-AS RENT
07 March 2008
Thanks for your reply. My further query on that point are as follows:
1) If there is no sub rent agreement than whether Rs. 2100/- be calimed as rent receipt since the same is paid by cheque.
2) If there is a sub rent agreement than:
i) Whether it is compulsory to have a rent agreement for my wife?
ii) Whether rent receipt of Rs 7100/- can be claimed by me if my wife files her ITR showing that income?
1) If there is no sub rent agreement than whether Rs. 2100/- be calimed as rent receipt since the same is paid by cheque.
2) If there is a sub rent agreement than:
i) Whether it is compulsory to have a rent agreement for my wife?
ii) Whether rent receipt of Rs 7100/- can be claimed by me if my wife files her ITR showing that income?
07 March 2008
Only the rent paid to the wife as per agreement can be claimed by you because ur not the owner of the house.
07 March 2008
I am also of the same opinion that you can't claim Rs.7100/- as a rent. Thanks.
07 March 2008
ACTUAL RENT PAID AS PER THE RENT/SUB RENT AGREEMENT ENTERED INTO BETWEEN THE LESSOR AND LESSEE CAN ONLY BE CLAIMED AS RENT ON PRODUCTION OF RECEIPT.
SO IF RENT AGREEMENT IS THERE FOR RS 7100/-YOU MAY CLAIM SAME AS RENT .
CLUBBING PROVISIONS DO NOT APPLY.
R.V.RAO
SO IF RENT AGREEMENT IS THERE FOR RS 7100/-YOU MAY CLAIM SAME AS RENT .
CLUBBING PROVISIONS DO NOT APPLY.
R.V.RAO
07 March 2008
But Rule 2A for HRA will also apply.
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