House property income
This query is : Resolved
26 May 2014
I have bought property in my name for my blood relative. The property is in the possession of the said relative and the person is occupying the same. In this case for income tax purpose, who has show the income from house property in itr
Nitin Salve
(Expert)
27 May 2014
Property belongs to whose name he will entitle to show income from HP.
Message likes :
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Nikhil Kaushik
(Expert)
27 May 2014
have to disagree. you are the beneficial owner of the property and the said income should be clubbed in our hands.
Message likes :
1 times
Rupesh Jain
(Expert)
27 May 2014
income from property will taxable in your hand.
Message likes :
1 times
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