Rs 17 Crore Gifted Land Sold Which Turns Tax-Free for Wife

Mitali , Last updated: 02 September 2025  
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Through a family partition on 26th May 1995, husband received ancestral agricultural land located in North Bengaluru which was later converted to non-agricultural land. The husband gifted this land to his wife via a proper gift deed. Wife sold the land later amounting Rs.17.26 crore approximately.

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Mitali
(Finance Professional)
Category Income Tax   Report

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