Income from property


This query is : Resolved 

02 February 2018 If I get share from my fathers property in cash.
Under which head I am going to be taxed whether 1) income from house property or income from other sources?

02 February 2018 How you get share from your father? Are you a partner in the Property...? or Your father only the owner of property...?

02 February 2018 I am not a partner. The property is in fathers name.

02 February 2018 I am not a partner. The property is in fathers name.

02 February 2018 You can treat it as Gift. And will show Exempted Income...


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