Gift to Daughter

This query is : Resolved 

19 December 2008 Property has been gifted to daughter. The income generated out of that building by way of rent will be taxed from Father of Daughter

20 December 2008 its depend upon the scenerio.It can be taxable in the hand of father also as a deemed income

20 December 2008 If the daughter is minor the income will be taxable in the hands of father otherwise it will be taxed in the hands of the daughter.


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