Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a Will is also not taxed
Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead
Gudi Padwa 2026: Developers and homebuyers in the Mumbai real estate market are in a ‘wait-and-watch mode’, say experts

