is at the time of family settlement ...share received by family member ..is taxable ?
and at the time of selling of these shares ...is it taxable ..?
1. Usually No.
2. YES
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160690 Points)
Replied 13 November 2017
1. Usually No.
2. YES
D kapil
(Trainee)
(221 Points)
Replied 13 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160690 Points)
Replied 13 November 2017
ankita agrawal
(209 Points)
Replied 13 November 2017
CA CHETAN GUPTA
(CA)
(588 Points)
Replied 14 November 2017
Family Partition Case.
Brother gave Some Money to Other Brother as his Share in the Property by Cheque.
Treatment in Income Tax ??
is the Money given to be shown in Income Tax Return of the Giver? Is it Taxable in the Hands of Receiver?
CAclubindia
