10 July 2014
hello friends,
if a person died and he has written in his will that his rented house prop will belong to his son and he has also written in his will that some part of the rent from this house property will pass on to his daughter now my query is whether this part will be taxable income for daughter or clubbed in the income of son as house belong to him only.As per sec 60 it will be clubbed am I right?
CAclubindia
