Gift of immovable property by relatives

This discussion explores the tax implications of receiving gifted immovable property from a relative, specifically when the recipient's sibling paid the stamp duty and registration charges. The core question is whether the Income Tax Department might view this differently for tax exemption purposes. While inherited property is generally tax-free, the situation with a gift from a brother, even if the registration costs were covered by another party, requires clarification on its tax-exempt status.