ITR -2 House property received as gift from relative

Final 227 views 2 replies
where in itr2 can I show house property received as gift from relative under exempt income?
what value should I show as gift? actual cost to previous owner or market value?
Replies (2)

 1. 'Schedule EI' exempt income u/s. 56(2)(x)

2. Stamp duty value as on the date on gift.

thank you so much sir


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