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Capital gain on immovable property

This query is : Resolved 

17 April 2014 Hello friends,

Here I like to discuss the taxability of Capital Gains in the following situation...

1. Mr A the owner of land has executed a registered power of attorney in favour of Mr. B.

2. Mr B has sold this land to Mr.C through POA.

I like to know that who will be liable for capital gains tax?? Mr A or Mr. B?


17 April 2014 owner or property is mr A then B is working on behalf of MR A then MR A will responsible for tax on capital gain.


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