Huf
Nishikant (Jalna) (298 Points)
04 July 2018Nishikant (Jalna) (298 Points)
04 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176815 Points)
Replied 04 July 2018
In any case the income is tax exempt.
If the land is ancestoral or inherited by the family, it can be done with ease.
Otherwise the a gift deed should be conveyed in favour of the family.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India