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429 views • Question added Jul 20, 2011 • Corporate Law • By anil choube , new delhi


rent aggrement is valid if it is made between father & his son

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answered Jul 22, 2011 by PRIYANKA , GREATER NOIDA

agree with vipin jee, it is completely legal, and legally it should be shown as income in fathers return as income from house property, but practically , people dont show it in their income, though legally it should be shown.


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CA VIPIN GARG

22-Jul-2011 , 09:30:40 am

yes it is totally valid provided the house is in the name of the Father and he is showing it in his return of income as income from house property..... Have a nice day Anil Ji............

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