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Can son show that he is paying rent to his parents


27-Mar-2023 (In Tax Law)
My and my wife have a jointly named house. My wife us a house wife and I am serving in govt dept. Can my give the house on rent to our son who is staying with us. If yes then can she show full rent receive as rented income in it return pl guide
Answers (1)

Answer #1
529 votes
Yes son can pay rent to his father there is no restriction that a son cannot pay rent to father as they are separate legal person can pay rent as tenant and father can be the owner of the property and can show it as rental income

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