Hra exemption by wife
R. K. SARASWAT
(Querist) 03 November 2016
This query is : Resolved
I and my wife both are Salary Earners and getting HRA. I have two houses. One house is rented and in other house my family (Wife) is living. I am living out of Country due to my employment. Can I give my house to my wife on Rent and can my wife claim HRA exemption?
R.K Nanda
(Expert) 03 November 2016
consult tax lawyer.
Guest
(Expert) 03 November 2016
Mr. R.K. Saraswat,
Since when you are living abroad and in which country paying tax on your income?
Also, how do you propose to pay tax on your rental income?
R. K. SARASWAT
(Querist) 03 November 2016
Sir,
Now I am working at DUBAI, For Income in India such as Rent and Interest on Deposits in Bank I will be filing Income Tax Return as per Income Tax Act.
Guest
(Expert) 03 November 2016
OK, you can rent out to your wife.
Sankaranarayanan
(Expert) 03 November 2016
Ahmadabad Income Tax Appellate Tribunal wherein a person was allowed to claim HRA exemption on rent paid to his wife. It may differ case by case .For your case i too feel you can
Rajendra K Goyal
(Expert) 25 November 2016
The rental income would be taxable in your hand.
An NRI has to pay tax on any income that accrues or arises in India or is received in India. So salary received in India, rental income, interest income from fixed deposits or saving bank accounts and capital gains on assets sold in India are taxable. If the income of an NRI is more than the basic exemption limit for the year, he or she is liable to file return in India. Also, to claim tax refunds, or to carry forward losses to future years, NRIs have to file return.
visit:
http://profit.ndtv.com/news/tax/article-are-you-an-nri-five-income-tax-rules-to-know-1437266
