Who will be deemed Owner in the case of a House Property when the Husband has transferred the House Property to his wife which is necessitated owning to a separation between Husband and Wife and for inadequate considerat

CS Executive · Tax Laws · PYQS · June 2024
Who will be deemed Owner in the case of a House Property when the Husband has transferred the House Property to his wife which is necessitated owning to a separation between Husband and Wife and for inadequate consideration?
(A) Husband
(B) Wife
(C) Either (A) or (B)
(D) None of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax

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