Whether the gift is taxable or not ???
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2015
Respected sir,
Whether the House property gifted to a long married daughter is exempt from Tax or not ???
Whether the House property gifted to a long married daughter is exempt from Tax or not ???
23 September 2015
Yes. The gift is not taxable in the hand of daughter.
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