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Capital gain

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(Querist)
04 October 2012 In my fathar name have a residencial house, if my fathar transfer of this house to my son, then after sale of this residencie house, can I pay capital gain tax . ( as dadalai rule)
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
04 October 2012 Yes, You have to pay capital gain tax. In case your son is major at the time gain arises then your son has to pay tax.

OM SAI SRI SAI JAI JAI SAI
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