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Capital gain


22 March 2019 Dear Friends

One of my client wants to sale the land and give the consideration to their sons in abroad.
1. How to get the guideline value before 2000 as the cost of indexation is calculated from 2000-01 from this financial year.
2. Whether any tax should be paid for transferring the consideration to their sons in abroad.

kindly suggest

thanks

22 March 2019 1. Get the services of a government approved valuer.. He will guide you

22 March 2019 2. No tax on amount transferred to relatives, irrespective of whether the transfer is within India or abroad




22 March 2019 2. No tax on amount transferred to relatives, irrespective of whether the transfer is within India or abroad



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