Capital Gain Tax

tamukh tiwari (article ship training) (28 Points)

10 April 2017  
Dear all respected members,

I have a querry regarding capiral gain tax i want your opinion on this please advice.

My uncle gifted my father a huge amount of money by selling a property which belongs to my father but held in the name of my uncle will it be taxed under income tax if my father purchases another property in his name.
And my uncle is real elder brother of my father.

please advice in this matter