Special power of attorney
5 years ago
I'm a joint owner of my property along with my mother. My younger brother lives with us and he has to get a rent agreement made in order to get tax benefits. Is it possible to have him enter into an agreement with only my mother (so that the rent amount doesn't show up in my income) without any special power of attorney. If POA is really required in this case, can it be made to start at a previous date(just like the rent agreement)? How much will it cost?
A.Dear Sir,
It is confidential please meet in person.
It is confidential please meet in person.
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A.Dear Sir,
This is related to Tax Evasion.
I can not anything in this regard and issues like should not be brought to this platform.
Shanti Ranjan Behera
Advocate
This is related to Tax Evasion.
I can not anything in this regard and issues like should not be brought to this platform.
Shanti Ranjan Behera
Advocate
Helpful
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Share
Vishal Sharma
Replied 5 years ago
Is it not true that a joint owner has right over half of the property? Because I was under the impression that he has and hence he has the right to rent out that portion? Please correct me if I'm wrong.
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