Income from house property

items of income from house property which are not liable to tax
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Quick Summary
This discussion clarifies tax implications for income generated from a house property transferred to a relative without full consideration. It addresses whether the original owner or the recipient is liable for tax on rental income, particularly when the transfer is registered via an agreement. The advice given suggests that a cousin is not typically considered a relative for income tax purposes in this context, and tax liability might fall on the recipient of the property.

Sir, Jaipur me mera ek flat hain joh maine aise hi apne relative ke naam kr diya uske naam register kr diya woh bhi without consideration/ inadequate consideration. Or uss property se rental income generate hoti hain toh woh relative or mere me se kis ki income me add hoga? Kya mai deemed owner mani jaungi.
2) or agr as a gift me flat diya hain without consideration. Toh uski rental income per Mai ya relative me se kaun tax dega
Relative kon he ... bhai, bahen kon ?
Registered agreement karke becha he ?
Cousion brother hain or
hanji registration agreement kr ke becha hain
Cousin brother relative ki definition me nahi ata, income tax me cousin brother ko relative nahi consider Karate

Rent ki bat to alag he, property dene pe hi tax lag jayega apke brother ko.

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