Tax on house property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2010 My client's mother had purchased a flat by executing the GPA (general power of attorney) and agreement to sale. She is unable to manage the property. She plans to execute the GPA (without agreement to sale) in my client's name. After the execution, In whose income, the rental income of this flat will add to ? my client or his mother's name ?
Kindly list the tax implications.

KRISHNA KUMAR R C

KRISHNA KUMAR R C (Expert)
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21 August 2010 If Mother has given GPA alongwith the possession the property, then the son will be deemed to be the owner of the property and rental income will be assessed in his name;
otherwise
rental income will be assessed in the name of the mother