IFHP
This query is : Resolved
03 July 2010
My question is that if an individual transfers a house property to his minor daughter,then the individual is not a deemed owner.So who will be taxable for IFHP.
03 July 2010
As per the clubbing provisions, Income of minor daughter is taxable in the hands of the parent. So IFHP will be taxable in the hands of the parent.
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