Transfer of immovable property without consideration

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Transferring a plot of land to a religious trust as a gift without receiving any payment is generally not taxable for the donor. The Income-tax Act, 1961, specifically Section 56, outlines that gifts received are taxable in the hands of the recipient under 'Income from other sources'. Therefore, the religious trust would be liable for any applicable taxes on the gifted property, not the individual who made the transfer.

Hemkumar

Hemkumar

(Querist)
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22 August 2025 I have transferred my owned plot of land to religious trust as gift without consideration, whether such transfer is taxable in my hand ?? if yes what shall be consideration

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 August 2025 No. It will not be taxable to you. The trust liable to pay any tax over the gift received.

Hemkumar

Hemkumar

(Querist)
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22 August 2025 Sir can you provide relevant section of income tax act ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 August 2025 As per Section 56 of the Income-tax Act,1961 gifts received by any person or persons are taxed in the hands of the recipient under the head ‘Income from other sources’ at normal tax rates.
Refer::: https://cleartax.in/s/how-are-gifts-taxed
https://incometaxindia.gov.in/Pages/faqs.aspx?k=FAQs+on+Gifts+received+by+an+individual+or+HUF&c=1

https://tax2win.in/guide/gift-taxation-exemption-relatives

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 September 2025 Good luck..

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