Mr. X is the son of Mr. Y.
Mr. X pays rent to Mr. Y for using the house which is the name of Mr. Y as Office.
Whether the Rent Agreement is to be registered in this case?
Can a Rent agreement be drafted on a Stamp Paper without registering it?
Devendra (Chartered Accountant) (4775 Points)
05 September 2013Mr. X is the son of Mr. Y.
Mr. X pays rent to Mr. Y for using the house which is the name of Mr. Y as Office.
Whether the Rent Agreement is to be registered in this case?
Can a Rent agreement be drafted on a Stamp Paper without registering it?
Mihir
(Wealth Manager)
(5293 Points)
Replied 05 September 2013
Although they are father and son, but since the premises is used for commercial purpose, it is better to get the rent agreement registered.
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