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As per the Indian Income Tax Act whether wife can let out home to husband?
Wiki User
∙ 16y ago
Although there is no restriction as such as far as income tax law is concerned , it will be presumed to be colourful device to evade tax . Legal complexity is sure to follow and the judicial authorities also may not be buying such idea for the simple reason that the relationship between husband and wife is more special than even parents. Therefore section 64 states for clubbing of income from assets transferred to wife without any consideration but not the parents. I think the idea is not acceptable to either Income Tax authroties or higher judiciary . Similar question was answered on www.taxworry.com The link for artcile is http://www.taxworry.com/2007/07/can-i-claim-hra-by-paying-rent-to-wife.html
Wiki User
∙ 16y ago
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