Rent income taxability
This query is : Resolved
08 July 2024
1) Father holding commercial property earning rental income paying higher tax due to huge rent
no he is planning to gift some portion of property among family member and want to distribute rental income among family member is that possible then how??
2) which document we need to prepare ??
no he is planning to gift some portion of property among family member and want to distribute rental income among family member is that possible then how??
2) which document we need to prepare ??
08 July 2024
Possible only if the property can be divided into individual separate units and each unit is gifted (by Registered Gift Deeds) to his major son/daughter/.s
26 August 2024
Good luck.
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