Guys for claiming HRA exemption can i enter into rent agreement with my father and show landlord-tenant relationship on records?
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Hra
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It's related party transaction so according to my opinion exemption of HRA is not allowed....
yes, you can enter into an agreement and pay rent to your father (he should be owner of the property) and then claim HRA.
I guess this comes as self occupied
Besides rent agreement, it will be beneficial for you, in case of notice by A.O (chances of which are less than 5%), if u can have the rent receipts, rent payments through net banking or cheque to substatiate ur payments & file ITR of ur father by showing the rental income in his return, else ur choice..
you can claim HRA for rent paid to your father, he must be the land lord of the place you are residing
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