Property gifts valued at ₹45 lakh and above will now face closer scrutiny under Income-tax Rules, 2026, with registrars reporting these transactions. This move aims to enhance data-driven monitoring, as non-disclosure of taxable gifts or non-genuine arrangeme…
Under Rule 237 of the Income-tax Rules, 2026, high-value immovable property gifts will be reported in the Statement of Financial Transactions (SFT) by property registrars, enabling the Income-tax Dep… [+6645 chars]
