Hra claim after gifting second property

Tax queries 146 views 4 replies

I am a salaried individual claiming HRA with rental income from my first house. Now I got registered other house in my name to help my relative & still stay in rented house. But understood now that individual with two property is not eligible for HRA claim.  So my friend suggested to gift one of my property to my wife. If so May I eligible for the HRA claim during my income tax filing? 

Replies (4)
How were you claiming HRA with rental income of first house. Please clarify

I am showing rent received as income from rental property through my form 16 as the house is far away from my working location.

Is your second house is also in distant place than your place of employment

My relative stay in that house. He registered the house in return of my loan, but still he will enjoy staying there till I pay full amount. That is the understanding. My question is if I gift the same to my wife will I become eligible for HRA again as earlier. 


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