Hra exemption for both working individual living together
This query is : Resolved
01 March 2014
If husband and wife both are working and living in same flat, then can HRA exemption can be claimed by both the working indivual on the basis of agreement made? and both are paying 50-50% rent. Kindly provide your views.
01 March 2014
may not be as simple. to claim HRA exemption, the rent receipts should be in name of the person claiming to pay the rent. So it would be advisable for both husband and wife to ensure that the landlord issue separate rent receipts or alternatively if the payment is directly made from the bank a/c, each should transfer his own share from personal account to the landlord's account or you may use a joint account to make the payment.
Also, to strengthen your case, try to have the lease agreement in joint name
Also, to strengthen your case, try to have the lease agreement in joint name
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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Lease agreement and tax on sale
- Subscription paid to foreign customer
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
