Tax rebate for purchasing house

Our  family three members gifted amount to  my mother and my mother  purchased  a  house in ready cash mode . is it possible to  claim tax rebate for my family .kindly how much rebate we can claim ( each person) .  2) as my mother invested amount in flat is it possible to  claim tax rebate   gifted amount 10 L per head  total 30lakhs to my mother purchased a flat  for the same amount  in my mother  my mother name ( 30lakhs)   

we  all  IT assesse  from 2009-10 
 

 

Replies (1)

1. No rebate or exemption for house purchase.

2. No tax liable for gift to mother. No tax rebate to mother/family/sons.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details