The Economic Times

Gifted a house to your spouse? You may still have to pay tax on the rental income: Know 7 key things before filing ITR for AY 2026-27

Many taxpayers mistakenly believe that rental income from a house gifted to a spouse is taxable in the recipient spouse's hands. This article explains the clubbing and deemed ownership provisions under Sections 27 and 64, the correct ITR reporting requirements, and seven key things taxpayers should know before filing ITR for AY 2026-27.