CAN ONE PAY RENT TO HIS WIFE TO CLAIM HRA BENEFIT.
Rent to Wife
mahesh nandwani
Paying Rent to Spouse for HRA Benefits Permissible if Property Ownership and Transaction Are Genuine and Bona Fide A forum user inquired whether one can pay rent to their spouse to claim House Rent Allowance (HRA) benefits. The response indicated that this is permissible if the spouse is both the real and beneficial owner of the property, the husband uses the house as his residence, and the rent paid is reasonable. The transaction must be genuine, honest, and bona fide. (AI Summary)
TaxTMI
TaxTMI