Can I make a my HOUSE RENT AGREEMNT in the favour of my wife
(LAND LORD) of Rs. 25000/- (twenty five thousand per
month).

if yes then what are the liabilities on me and my wife
(land Lord) w.r.t INCOME TAX Act.

Answer Posted / guest

Yes.. But U cannot use exemption under section 80GG.
Liability will only be on u.

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