Plz relpy soon

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hello....

can anyone tell me if house property is in tha name of wife and rent is received than husband can shoow tha income in his own name....................

Replies (3)

Husband can not conisdred the rent income in his total income if house is in the name of wife.

Ms.Priti Karwara

and

Mr. CA Navin Jain

First of all the ownership of the house has to be established that the house belongs to husband though it is in the name of the wife.  If the house is acquired out of the income of the husband and for sentimental purpose the house is registered in the name of the wife, then the real owner is husband.

Best Wishes

Sathikonda

Please refer to section 27 and also section 64 of Income-tax Act, 1961.

Best Wishes

Sathikonda


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