House property
This query is : Resolved
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???
23 April 2014
if ownership is transferred then taxable in grandson's hand otherwise taxable in the hand of Grandmother,.
Message likes :
2 times
23 April 2014
INCOME TAXABLE IN HAND OF GRANDMOTHER . DUT W/O CONSIDERATION ANY INCOME SOURCE TFR. BY GRANDMOTHER TO HER GRANDSON.
23 April 2014
@Rupesh jain Sir please can u elaborate ..
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