Should hra be equally divided among flat owners

Tax queries 496 views 2 replies

Hi Experts,

                     I live in a flat while is co-owned by my parents (Dad & Mom) & my elder brother. My dad & brother pay tax, but my mom does not, as her income is not beyond the tax limits. They have no objection if I pay HRA cheques to my mother.

So, can i pay issue HRA cheques in the name of my mother or is it mandatory for the HRA amount to be divided for all co-owners.

Eagerly awaiting for a reply.

Regards,

Zim

Replies (2)

As you mother is not haveing any taxable income and she is the co-owner of the flat, then the rent can be paid to your mother. so that you dad and brother do not get the burden of paying more tax.

Hi Giridhar,

                       Thank you for youy reply.


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