Please Help: rent aggrement
Posted Date : 20-Jul-2011 , 03:42:06 pm | Posted By anil choube
rent aggrement is valid if it is made between father & his son
Category : Corporate Law | Answers : 1 | Comments : 1 | Hits : 423
Answers
Answer By: PRIYANKA
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.
Comments
CA VIPIN GARG
22-Jul-2011 , 09:30:40 amyes 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............