Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 April 2015
I have sold property in cash to my brother in law there is pure financial transaction no gift there will be capital gain on such transaction.
Thanks in advance
Thanks in advance
CA PARAS BAFNA
(Expert)
26 April 2015
Yes. If there is capital gain, you may have to pay capital gain tax.
.
.
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