Transfer of property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 May 2016
Dear Expert Please guide:
1. Can I transfer floor wise ownership to my children by power of attorney of my house.
2. Both are major and studying.
3. Can i transfer the rental income to them after transfer.
4. Will the rental income be added in my income or i can file their return separately.
Please guide how i can, legally, do the things that the rental income could be treated as their income.
1. Can I transfer floor wise ownership to my children by power of attorney of my house.
2. Both are major and studying.
3. Can i transfer the rental income to them after transfer.
4. Will the rental income be added in my income or i can file their return separately.
Please guide how i can, legally, do the things that the rental income could be treated as their income.
16 May 2016
rental income will add in your hands u/s 64
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