DEDUCYION FOR HOUSE RENT ALLOWANCE

This query is : Resolved

BRIJ KUMAR GUPTA (Querist)
Follow

26 December 2007 PLZ RESOLVE MY DOUBT

CAN A SALARIED EMPLOYEE GIVE RENT TO HIS RELATIVES WITH WHOM BLOOD RELATION IS THERE
IT MEANS CAN A SALARIED EMPLOYEE CAN CLAIN DEDUCTION FOR HRA IF HE IS SHOWING RENT PAYMENT TO HIS PARENTS

PLZ SOLVE

THANKS

CA. Vineet Grover

CA. Vineet Grover (Expert)
Follow

26 December 2007 Hi Brij,

In the eyes of law every individual has an indipendent identoty irrespective of its relationship. You may claim HRA for the rent payment. But the same should be a transaction and not a book entry.

Rgds/
Vineet