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Buying property in your wife’s or parents’ name? Know income tax rules, benami property risks and penalties in India

Mint 2 hrs ago·13 Nov 2026, 2:47 pm

Buying property in your spouse’s, parents’ or child’s name using your money can attract income tax scrutiny and benami law action. Know the tax rules, legal exceptions, penalties and documents you need to avoid notices and property disputes.

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Buying property in your wife’s or parents’ name? Know income tax rules, benami property risks and penalties in India