if a person is paying rent to their parent and online transaction of rent is there, then is rental agreement still needed and if yes then simple agreement on stamp paper works or does it have to be notarized one?
neha (Others) (420 Points)
15 July 2022if a person is paying rent to their parent and online transaction of rent is there, then is rental agreement still needed and if yes then simple agreement on stamp paper works or does it have to be notarized one?
CA Ankith Jain
(Chartered Accountant)
(973 Points)
Replied 16 July 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 16 July 2022
sabyasachi mukherjee
(27270 Points)
Replied 16 July 2022
Swapnil Kadam
(4 Points)
Replied 16 July 2022
Rent agreement can not be made on stamp paper even though it is between father and son. Payment of requisite stamp duty and registration fees to the government on every rent agreement is mandatory.
https://www.shreeyanshlegal.com/practice/rental-agreement-online/
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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