Friday, September 26, 2025

Do I have to pay income tax if I gift a flat to my wife?

My father-in-law plans to gift a flat, valued at approximately Rs 30 lakh, to my wife, the eldest of three siblings, and has asked the developer to register it in her name. Will this gift result in any tax liability or significant charges for my wife?

from Tax-Wealth-Economic Times https://ift.tt/ntTIgXP

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