RENT AGRREMENT AND HRA
6 months ago
on my company CA advice for claim higher HRA exemption, i have notarize the rent agreement and paying rent last two years of rs 150000 per month to my mother through NEFT submitting rent receipt in office each month , we also file ITR and pays TDS .NOW their is a matrimonial dispute arise in court and pointing out my rent agreement is illegal as the market value of rent is 10 k to 20 k in my area. please suggest what to do The CA in my firm is already resign . how to amend this mistake and submit this in court.?
A.Dear
Gather Supporting Documents: Collect all relevant documents, such as your NEFT transaction records, rent receipts, and other evidence that demonstrates the legitimacy of the rental agreement and the actual payment of rent to your mother.
Consult with a New CA or Legal Advisor: Seek guidance from a new Chartered Accountant or a legal advisor experienced in property and tenancy matters. They can provide you with expert advice on how to present your case in court and address any discrepancies effectively.
Provide Justification for Higher Rent: Explain the reasons for the higher rent in your area, such as the quality, size, and location of the property, which may justify the amount you are paying to your mother. Providing evidence of the prevailing rental rates in your locality can also strengthen your case.
Prepare an Affidavit: Prepare an affidavit detailing the genuine nature of the rental agreement, the reasons for the higher rent, and the regular payment of rent through legal channels. This affidavit can serve as a sworn statement to be presented in court as evidence.
Regards
Gather Supporting Documents: Collect all relevant documents, such as your NEFT transaction records, rent receipts, and other evidence that demonstrates the legitimacy of the rental agreement and the actual payment of rent to your mother.
Consult with a New CA or Legal Advisor: Seek guidance from a new Chartered Accountant or a legal advisor experienced in property and tenancy matters. They can provide you with expert advice on how to present your case in court and address any discrepancies effectively.
Provide Justification for Higher Rent: Explain the reasons for the higher rent in your area, such as the quality, size, and location of the property, which may justify the amount you are paying to your mother. Providing evidence of the prevailing rental rates in your locality can also strengthen your case.
Prepare an Affidavit: Prepare an affidavit detailing the genuine nature of the rental agreement, the reasons for the higher rent, and the regular payment of rent through legal channels. This affidavit can serve as a sworn statement to be presented in court as evidence.
Regards
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