Gift of immovable property !!!
This query is : Resolved
Quick Summary
25 February 2021
Please advise me weather my wife gift immovable property to my sisters son? Weather my wife comes under the list of relatives as per Income Tax? Please advise valuable feedback in this regard.
Thanks in advance.
Thanks in advance.
26 February 2021
Your wife and your sister's son are not relative under income tax.
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26 February 2021
In such case She can gift the Property to my sister is it OK under Income Tax Act.
26 February 2021
Yes, it's okay in such a case
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