Income tax query on gifted property rental income

Tax queries 114 views 1 replies

The taxpayer made a registered gift of his business property to his son and then the son made a registered gift of the property to his sister's husband 

Now the rent is received in the original taxpayer account but the rent agreement is registered in the name of the sister's husband.. so who should show the income in his income tax return?

taxpayer
Tax payer's son
Or
sister's husband 

 

Replies (1)

The last owner of the property.


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