Can I pay rent to parents for HRA exemption ?

POSTED BY hannibal09 ON January 25, 2015 6:15 pm ONE COMMENT

I want to know, if can I pay rent to my parents on house which I am residing along with parents for HRA exemption. Then my parents can show rent for HRA exemption in their IT return and difference can claim as business income?

One reply on this article “Can I pay rent to parents for HRA exemption ?”

  1. sharath Mumbai says:

    yes, you can and your parents should show the rent you pay as rental income

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