Rent

219 views 3 replies

Hi experts

I am a NRI, I purchased a house and registered in joint name with my wife.

I am staying away from India and my wife is staying in India, now we are letting our property for rent.

Can I ensure that the rent is getting credited in my NRO account which is being operated in my name or the rent needs to be credited in the joint account of me and my wife.

I am planning to get the rent credited in my NRO account which is not a joint account.

Also my wife is claiming deduction of Interest under house property.

request you to kindly explain what can I do?

Also do I need to file returns.

 

Thanks

Replies (3)

"Also my wife is claiming deduction of Interest under house property."

If its for the same house as mentioned earlier, rent must be credited to her account or joint acc with other co-owner.

 

Dear Mr. Dhirajlal,

I am a NRI and she is resident Indian, can we open a joint account.

 

YES. 

RBI has allowed residents of India to include non-resident close relative in their resident bank accounts on 'former or survivor' basis. However, such non-resident relative shall not be eligible to operate the account during resident's lifetime, it said in a notification.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details