I got 16 lpa CTC with WFH & I am living at my in-laws place at Tier3 city so can I create one rent agreement with them and transfer monthly rent online of around 60% of my monthly basic pay(65766×60%= around 40k) to make Max tax benefit of my HRA salary component?
Next query, as my wife is housewife so can she further take this money from her father in cash and deposit to her bank AC and seperate ITR can be filled for her as there will be zero tax for her?
is this legal what I am doing?

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