Lease my house as a gift to my wife
This query is : Resolved
Quick Summary
Suresh Ramakrishnan
(Querist)
08 January 2024
Can I lease my house as a gift to my wife, so she can show the rental income in her tax filing?
CA R SEETHARAMAN
(Expert)
08 January 2024
Yes but the rental income will be clubbed in your hands
Suresh Ramakrishnan
(Querist)
09 January 2024
Instead of gifting a house, if I lease it for a certain amount (X), do I need to show that rental income?
CA R SEETHARAMAN
(Expert)
09 January 2024
You need to show the rental income in your hands.
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