Can I sell my 30 lac property to my Wife at 2 lac rupees,through sale deed .??
If so the rent coming from the property will income taxed in my wifes hand or mine ??
Regards
dhiraj
Menu
Sale of 30 lac property at 2 lac to wife
Replies (1)
You cannot. Even if you gift the property in favor of your wife, income arising from the house (rent) will be taxable in your hands as per clubbing provision.
Recent Topics :
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
Related Topics :
CAclubindia
