Hi Everybody..
I need to know if gift of immovable property from father's brother's wife i.e Aunt, Chachi,etc. would be taxable or not?
And please if any reference to case law is also provided..thanx in advance
Menu
Help plz..gift of immovable property
Replies (5)
Fathers brother spouse is covered under relative.So no income tax.
You will have to prepare a gift deed duly stamped and registered since it is an immovable property.
For complete details on tax on gift to relatives and non-relatives..
Click here
Fathers brother spouse is covered under relative.So not covered under TAX
Many thanx to everybody for answering my query..appreciate quick replies..thanx members..
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
