Yes, you can claim a tax exemption from the HRA by paying your parent's rent. Your parents must disclose the rent received as rental income on their income tax return. It is advisable to make a Rent agreement and to have Rent receipts.
Yes, you can claim a tax exemption from the HRA by paying your parent's rent. Your parents must disclose the rent received as rental income on their income tax return. It is advisable to make a Rent agreement and to have Rent receipts.
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