Rental Income
This query is : Resolved
Quick Summary
26 February 2020
Sir
Hello All
I am Sanjay. I want to know that:
If I am giving rent to my mother and the loan amount is also standing between us, then is there any problem in books of accounts according to Income tax act..
I have to receive amount from my mother for Rs.25L.
Is there any way by which I can claim HRA deduction from the salary?
Pl advise.
Regards
Hello All
I am Sanjay. I want to know that:
If I am giving rent to my mother and the loan amount is also standing between us, then is there any problem in books of accounts according to Income tax act..
I have to receive amount from my mother for Rs.25L.
Is there any way by which I can claim HRA deduction from the salary?
Pl advise.
Regards
29 May 2020
Yes. If you are salaried you can claim HRA Deductions.
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