My husband has taken flat on lease and executed lease deed between himself and owner for Rs 40,000 per month. He is now insisting that i pay him 50%of the lease rental by fund transfer to his account.
- Since I am bearing 50% of cost, how can i document this as this will impact my tax returns etc?
- can I ask for lease deed to be executed in our joint names and stating that we will share the lease payments on equal basis?
- If that does not work out and I pay the money to my husband, what is preferred route - by cheque or online fund transfer?
