Hi ,
I am planning to sell my flat to my father to save capital gain tax. Is it legally allowed . my father has sold a plot which has some capital gain tax.
Thanks
Rajesh
Ramanujan Club (1 Points)
09 July 2023Hi ,
I am planning to sell my flat to my father to save capital gain tax. Is it legally allowed . my father has sold a plot which has some capital gain tax.
Thanks
Rajesh
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160572 Points)
Replied 09 July 2023
Yes, if Sale deed registered with Sub-registrar with stamp duty duly paid.
sabyasachi mukherjee
(26167 Points)
Replied 09 July 2023