Deemed Ownership - (Section 27)

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..... transferred property. However, transferor will not be deemed to be the owner if the property is transferred in connection with an agreement to live apart. TRANSFER TO A MINOR CHILD: In case of transfer of house property by an individual to his or her minor child for inadequate consideration, the transferor would be deemed to be the owner of transferred property. However, transferor will not be dee .....

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..... the possession of any building or part thereof in part performance of a contract, shall be the deemed owner of that house property. PERSON HAVING RIGHT IN A PROPERTY FOR A PERIOD NOT LESS THAN 12 YEARS: as per clause (f) of section 269UA - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementind .....

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