Can a salaried person pay rent to his father and claim HRA exemption. Upto what limit the rent receipt is not necessary. Is there any format for rent receipt.
4 Replies
CA VINAY BANSAL
(In job with KPMG)
(289 Points)
Replied 11 April 2011
ya. u can pay rent to ur father, but the same should b shown as income in ur father's income(for safety of scrutiny reasons). else u need just to have a rent agrrement from a notary and rent receipt.... rent receipt can be obtained from any stationary shop for just 10-15 rupees.
CA Chintan Vyas
(Chartered Accountant)
(116 Points)
Replied 11 April 2011
When you received HRA upto Rs.3000 then Rent receipt is not necessary.
Anish Jain
(Accountant)
(46 Points)
Replied 12 April 2011
Up to Rs.3000. rent receipt is not reqired. if possible submit only rent agreement.
vignesh
(B-com CS CA-Final CFA-level 1 candidate)
(1053 Points)
Replied 12 April 2011
Yes u can pay rent to ur father...but in dat case income fr the father wil b considered as rent..
Up to Rs.3000. rent receipt is not required
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