Dear all,
Suppose house property is received by an individual as a gift from parents.If such property is letout & income has been received from such property.Does such
income subject to clubbing provisions.
Please specify the section supporting u r answer.
Thank u all
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clubbing provisions
Replies (2)
When house property being gifted to major son, clubbing of its rental income doesn't apply.
The rent will be assessed in son's hand.
Dear Dhirajlal Rambhia,
Thank u for u r reply,
please mention section supporting u r answer
Thank u for u r reply,
please mention section supporting u r answer
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