No, If you transferred the house property to your spouse without any consideration or at a consideration lower than market value, you're still considered a 'Deemed owner'. The only exception is if you and your spouse live separately. So, as there is no consideration for the transfer and you both still live together, you are the 'Deemed owner,' and hence the income from the house property will be taxed in your hands.
If I gift my house to my spouse, and we still live together, will the income from the house property be taxed in her name?
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