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Old 1st September 2007, 00:48   #32 (permalink)
Zappo
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Join Date: Oct 2005
Location: Hyderabad
Posts: 3,720
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Hmmm... tsk's solution sounds the easiest to implement with the least bit of hassle. However there is one small hitch here. Last year the same idea struck me when I was looking to buy a house outside of Hyderabad. There were some potential tax related problems which could have come up in claiming HRA and House Loan tax advantages. So thought will show it has been rented out to my parents. But quite a few people in the know said that if it comes up for random scrutiny will cause problems as it may not be a very "clean" way.

Won't the same problem come up for Samu? Can a wife rent out her house to her husband? Is that legally tenable?
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