Rent received from House Property

Dear Sir, house property is in the name of my father and it's Let out. I get rent from tenant and this rent I showing in my ITR, any
legal issues, pls.
Replies (3)
Quick Summary
This discussion addresses the query of an individual receiving rent from a house property owned by their father and declaring it in their own Income Tax Return (ITR). The advice given is that the rent income rightfully belongs to the father, the property owner, and should be declared in his ITR. While the individual has already declared it in their ITR, it's suggested this is an unnecessary complication and could lead to legal issues. The recommended approach is to declare the rent in the father's ITR and subsequently receive the money as a gift.

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well, see no reason why you should be doing this. You are unncessarily complicating a simple transaction. You have no right to that income. So better just show it in your father's return. You can always get that money from your father as a gift subsequently.

Thanks Nikhil ji, but I already shown this rent in my ITR, pls. any legal issues.

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