House property gift to daughter in law
This query is : Resolved
01 July 2021
Sir,
One of the It assess mother house property gift to daughter in law taxable or exempted in it act.
One of the It assess mother house property gift to daughter in law taxable or exempted in it act.
01 July 2021
Gift of house as such is not taxable. But income from such house would be clubbed in the hands of mother-in-law.
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