Capital gain on transfer
Querist : Anonymous
Clarify me!
x and y are brothers and they received the house property by partition from their father. later, X transferred his portion to Y and received 10 lacs (not as a consideration). what is the capital gain impact on it
if his father take house from his father then cost of his father .
period will take from current owner for LTCG or STCG
and compute the tax
Querist : Anonymous
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