Rental Agreementst.

Assessee staying in the rent premise and rental agreement made in the name of Trust. is it allowable deduction while doing computation?
Replies (1)

Claiming a tax deduction for rent paid by a Trust is generally not allowable for an individual. Rent deductions (like HRA or Section 80GG) require the agreement to be in the individual's name and the payment to be made by them. Using a Trust-owned or Trust-rented premise for personal residence may create complex tax liabilities rather than providing deductions. You should consult a tax professional to restructure the agreement or your compensation package properly.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details