Hra
This query is : Resolved
25 April 2016
1. House rent agreement on name of the wife
2. payment done by husband through cheque payment
so husband want to take HRA credit so please give suggestion.
2. payment done by husband through cheque payment
so husband want to take HRA credit so please give suggestion.
25 April 2016
If the wife is the owner of the house, built from her own sources and it has not been gifted to her by the husband either directly or indirectly, then legally there is no bar in the wife letting out the house to the husband. However the rent paid should not exceed the market rate of rent for such premises.
It may sound absurd, since the husband and wife live together, but "My Lords, the law is an ass" - the action is perfectly within the four quarters of law and provisions of section 64 of the Income Tax Act 1961 cannot be applied.
It may sound absurd, since the husband and wife live together, but "My Lords, the law is an ass" - the action is perfectly within the four quarters of law and provisions of section 64 of the Income Tax Act 1961 cannot be applied.
25 April 2016
HRA deduction can claimed by wife, if husband want to claim then rent agreement should b e in name of husband name.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- ITDS U/S.194T of Firm
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- TDS AND ITR ISSUE
- TDS ON EMAIL DOMAIN SERVICE BILL
- GST Rate for Catering Services
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
