Rent from Gifted House

Ashish (Querist) 11 November 2010 This query is : Resolved
I owned a House and my father is Co owner. If I gift house to my father after that can I claim for HRA benefit giving rent to my father for same house.

Thanks in Advance.
Ashsih

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Kiran Kumar (Expert) 11 November 2010
well if you do it, it will show malafide on your part so may not get the expected benefit.

A V Vishal (Expert) 12 November 2010
Yes provided your father declares his rental income.

s.subramanian (Expert) 12 November 2010
I agree with Mr.Kiran.

AMIT BAJAJ ADVOCATE (Expert) 12 November 2010
AGREED WITH VISHAL JI.

Khaleel Ahmed Mohammed (Expert) 17 November 2010
Yes you can claim HRA. Whether you donate your part to your father or you get a receipt of rent from your father for his part house as tenant.

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