Poonawalla fincorps
Poonawalla fincorps

Rentals from gifted property

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2012 I have received a share in the gifted house from my father and wanted to know the tax-ability of the rentals received from such gifted property.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
21 June 2012 If you are not Minor then it will be taxable in your hands only.

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