Capital gains
This query is : Resolved
12 December 2014
I have short term capital gain from sale of land . So my query is that whether can I transfer this gain amount to my father as gift because he need it or I have to first deposit tax on it then I can give him residual amount. Please reply .answer will be apperciable.
12 December 2014
if u want to save tax then u cant gift it and needs to invest in 54ec bonds.
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