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House property

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(Querist)
23 April 2014 if a grandmother transfers house property to her grandson under the Gift deed the rental income from such property would be taxable in whose hands???
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Sandeep Dharar

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Sandeep Dharar (Expert)
23 April 2014 if ownership is transferred then taxable in grandson's hand otherwise taxable in the hand of Grandmother,.
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Rupesh Jain

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Rupesh Jain (Expert)
23 April 2014 INCOME TAXABLE IN HAND OF GRANDMOTHER . DUT W/O CONSIDERATION ANY INCOME SOURCE TFR. BY GRANDMOTHER TO HER GRANDSON.



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archana parab

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archana parab (Querist)
23 April 2014 @Rupesh jain Sir please can u elaborate ..

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