Legal Question in Tax Law in
I have gifted commercial complex owned by me to my wife. The rent from mthe commercialm complex thjereafter is being received and utilised by her. Is it necessary for me to club the rental income received by her on the property with my income for Income Tax purpose?
Asked on 1/29/11, 2:46 am
1 Answer from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
Your wife should file a return separately u/s 139 of the IT act,if she fulfills the provisions of the section.
Answered on 1/30/11, 3:20 am
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