I am a Professional Insurance Advisor. I have my own house which I have got from my father.
Now my Mother is buying a Flat for herself from her own fund, She is an Individual Tax-Payer since 1968.
But She is willing to Register it in joint names i.e. alongwith my name. I am already having my own residence.
Whether I will have any Tax liability under Income from House Property due to this?
I also want to add that , My Mother is buying this flat for her own indidual residential use. She is
not going to rent out the flat.
CAclubindia
