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
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Industrial and warehousing stock across eight real estate markets hits 549 mn sq ft in 2025, led by Mumbai and NCR
India’s warehousing stock crossed 549 mn sq ft in 2025, up 13% YoY, led by Mumbai and NCR with a total of 285 mn sq ft