29 September 2020
I am selling my house property to A and B (Husband and Wife). Whether wife can be a Purchaser along with her husband without contributing any amount ( consideration) for purchase of the House Property. From Legal and Tax angle how it will affect the Seller ?
29 September 2020
Yes, wife can be a Purchaser along with her husband without contributing any amount ( consideration) for purchase of the House Property. It will fall under gift to relative no tax or legal issue and it will not affect the seller.
CAclubindia
