25 July 2009
Respected Members, Can wife claim rent paid to her husband as expense in her Profit & loss A/c, as the house is fully owned by her husband and he is showing this income in her Total incme. Please suggest me.
25 July 2009
If the marriage subsists, couples are supposed to live together. So if wife pays rent to husband or vice versa it may lead to an argument that it is tax planning for tax avoidance,though law and custom cannot be equated.
25 July 2009
As far as my knowledge and opinions of some well known tax experts concerned, Rent can not be given to spouce, unless and untill it is proved that they are living separately.