Dear Sir,
I am holding two residential property & one commercial property .
One residential Property is occupied by me .
and other residential & commercial property is rented out .(this property are on loan)
I am currently in 30 % tax bracket.
In order to save income tax from rental income ,can i make a rental agreement in name of my wife and take the rental income into her account .???
What are the possible ways in this scenario to save tax from this rental income???
Regards
Dhiraj