PLEASE GUIDE ME TO KNOW IF AS PER THE PROVISIONS OF THE ACT, IS RENT PAID BY THE SON TO FATHER ACCEPTED FOR CALCULATION OF TAXABLE HRA....
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RENT OF HP BY FATHER TO SON
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Hi Janani,
First of all there is no relation of MASTER and SERVANT between Father and Son,hence rent given by son to father is not to be considerd for calculation of HRA.
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