Capital Gain in case of transfer of property by way of gift


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Quick Summary
Transferring a plot of land as a gift to a religious trust without receiving any payment raises questions about capital gains tax. The consensus is that such a transfer is indeed chargeable to tax. The sales value for tax purposes is generally determined by the circle rate, which is the value used for stamp duty.

12 June 2025 I am owner of plot of land. I have gifted this plot of land to religious trust without consideration, whether this transfer is chargeable to tax ?? if yes what shall be sales value ??

13 June 2025 1. Yes
2. As per circle rate i.e based on stamp duty paid.

27 September 2025 Good luck..


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