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Capital gain

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22 August 2014 If a father is giving a house property to his married daughter who is NRI as a gift. Then what would be consequences in Income Tax Act when the daughter will sell out that property...Cost of acquisition in the hand of daughter would be NIL or cost to the previous owner?

22 August 2014 Actual cost of the previous owner. Please see section 49(1)(ii) of the Income tax Act,1961.

22 August 2014 cost of the previous owner will take .






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