Hrd
Querist : Anonymous
Rent paid to spouse, Can it be claimed under HRA exemption u/s10(13A)?
Provided:
1. If wife does not earns independently?
Thanks in advance .
Regards,
Ravi Sharma.
Querist : Anonymous
Querist : Anonymous
Querist : Anonymous
1. House is bought by wife in her own income then there is no issue, rent paid by husband too wife is allowed as HRA & the wife has to show the rental income in her return
2. If the wife is not earning and the house is bought by you on her name then entire rent income of wife will be again clubbed in your income
but joint ownership there is no question of rent exemption under HRA
Querist : Anonymous
i got the point.
Querist : Anonymous
If not, is there any alternative for tax planning?
you can claim the housing interest deduction which you paying on your emi is eligible ( interest portion) under section.24(b) maximum of Rs.1.50 lakh
Principal amount is eligible for deduction under sec.80C maximum of Rs. 1 lakh
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