02 August 2016
Properties inherited after death of father is now transferred in the names of his widow and children's. All the Properties are now in the name of Widow and children without mentioning their share. How will rental income from Joint Property inherited be taxed?(Will it be taxed as AOP or will it be taxed individually as it is inherited.)
#Please quote section or case laws wherever possible.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 August 2016
Please refer section 26 of IT Act, 2016. And please quote reference.