At the time of fixation of marriage of Yash on 10th June, 2021, his father Sunder gifted land to his would be daughter in law Rashmi. The marriage was held on 21st January, 2022. The income accruing on land after marriag

CS Executive · Tax Laws · PYQS · December 2022
At the time of fixation of marriage of Yash on 10th June, 2021, his father Sunder gifted land to his would be daughter in law Rashmi. The marriage was held on 21st January, 2022. The income accruing on land after marriage shall be taxable in the hands of:
(A) Yash
(B) Rashmi
(C) Sunder
(D) Not Taxable in any person

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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