News & Media 23rd Mar 2026
Our Partner, Rahul Charkha shares his insight in Hindustan Times, “Planning to gift property to your spouse? LTCG may still be taxed in your hands.”
He highlights that where an individual transfers an asset to their spouse without adequate consideration (for example, as a gift), any income arising from that asset—including rental income or long-term capital gains (LTCG) on sale—may continue to be taxed in the hands of the transferor. This applies as long as the marriage subsists and the asset can be traced back to the original transfer, highlighting the importance of understanding tax implications before structuring such transfers.
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