Gift


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 September 2012 My mother purchased the flat and gifted to me.I want to sale that flat.That income is taxable for me or my mother?

08 September 2012 1. Whose name is registered for the house?

2. Did your Mother gifted it through a gift deed?

The income will be taxable in her hand if the house is in her name and there wasn't any gift deed executed by her.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 September 2012 The house is registered in my name.There was no gift deed executed.To whom the income will be taxable?

10 September 2012 Since the property is registered in your name, the income will be taxable in your hands only


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details