Dear Experts,
Shubh dhIpAvaLi to all of you.
Need your opinion on this. A mother-in-law had donated a piece of land to her daughter-in-law and due to which, the daughter-in-law is getting the rental net of TDS. the daughter-in-law is also having other sources of income.
whereas, the mother-in-law has a very few source of income and due to the clubbing provision, she is asked to pay IT on the rental income of that land gifted by her.
in this connection, couple of questions being put up.
a. whether, within the purview of law, the daughter-in-law can compensate the tax amount that her mother-in-law is being asked to pay.
b. if not, can mother-in-law get any sort of relief from the IT Department.
remember, the mother-in-law does not have any other source of income to bear this tax on the rental income.
request your opinion.
thank you !
CAclubindia
