Legal Question in Tax Law in India

wife is a house wife and but she purchased a property by her money (money won in game show and got as gift in marriage) . Her husband is psu employee now purchased property should be declared by her husband or not?what is the rule of property purchase by house wife with her own money?

Asked on 1/21/14, 12:58 am

2 Answers from Attorneys

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Answered on 1/21/14, 5:36 am
Rajiv Gupta +91 9811284735 KarVai Legal Solutions

It needs to be declared for tax purposes.

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Answered on 1/22/14, 11:25 pm

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