I am having joint account with my husband, in which tenant will be paying rent. In joint account husband is primary holder and rent agreement is done between me and tenant, my Pan no is written in rent agreement. so tenant is asking for my personal account to be used for rent transactions. because he says that, from joint account tax will be filed only on my husbands income, not mine. So he(tenant) will not get tax benifit on rent. Is it true? Do I need Seperate Account?
Asked 2 years ago in Taxation from Pune, Maharashtra