Menu
taxation of gifted property
Sir if father gifted immovable property to son and son gives property on rent. Then in whose hands rental income will be taxable in father hand or sons hand. please guide me along with relevant section of income tax act.
Replies (2)
Whether son is married or not and propert is transfered permanantly
yes son is married and property is permanently transferred.
Recent Topics :
- Foreign Assets reporting
- Build corpus in HUF
- Queries with the new form 144
- Updating form 10-ee and Schedule FA if there is ch
- Sale of property in SLUM area ....SRA
- GST applicability on Shipping charges
- Outstanding Demand in Income Tax: How To Respond?
- LTCG on property sale
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
Related Topics :
CAclubindia
