14 July 2023
If a husband gifts flat to his wife, it will be shown in exempt income but under which section and how much amount. The gift deed was created and stamp duty was paid. Please help
23 July 2023
As it is not taxable income, you are not at fault even if you do not declare. But if you wish you can declare it under Schedule EI as suggested.
24 July 2023
Sir, I am showing it under EI but confused how much amount to show today's market value or COA to the donor or zero amount, sorry for troubling you