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Related gifted immovable property

This query is : Resolved 

28 February 2017 I want to know taxability of gifted property in hands of daughter in law from sons father in law in case of gain arising from sale of immovable property

28 February 2017 If father in law transfers property to daughter in law and daughter in law sells that property capital gains arising out of it shall be clubbed with father in laws income by virtue of section 64.



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