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
Bengaluru has over ₹530 crore in property tax dues pending from over 1000 defaulters
Bengaluru has over ₹530 crore in property tax dues pending across the five city corporations under the Greater Bengaluru Authority (GBA) from 1012 defaulters
