Procedure to gift flat to relatives
This query is : Resolved
26 May 2014
1. I would like to know entire procedure to gift flat to relative
2. And how to show this gift transaction in Income Tax Return
2. And how to show this gift transaction in Income Tax Return
26 May 2014
By executing the gift deed and registering the same.
No option to reflect in the Income Tax Return.
No option to reflect in the Income Tax Return.
26 May 2014
if you are give gift to relative then you make gift deep and make registration .
and in income tax act retain the deed for future
and in income tax act retain the deed for future
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