Capital Gains of House property
This query is : Resolved
18 March 2021
Can a husband give the Sale proceeds of a residential plot by way of Gift to his wife for constructing her residential house? Whether any Capital Gain tax has to be paid by the husband ?
2. Whether such Gift of the amount has to follow any particular procedure ?
2. Whether such Gift of the amount has to follow any particular procedure ?
18 March 2021
The best option is gift the plot to wife and avail capital gains exemption in the hands of wife as house is constructed by wife.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Confused regarding applicability of books of accounts and audit
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- Payment of Stamp Duty and registartion of documents
- Taxation under the head Salaries
- Disclosure in DPT-3
- ENUM VALUE
- Ltcg-20.06.2025
- TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value
- Payment of Professional Tax to Chennai Corporation
- RECEIPT OF TRAINING FEES FROM FOREIGN STUDENT
- Wrong payment of TCS on sale of goods how to get refund the same
- REGARDING AMENDMENT TO BE MADE IN TURNOVER AND PURCHASE FIGURES WRONGLY MADE IN MONTHLY VAT RETURN
- GST Returns not filled under composition scheme
- GSTN Suo Moto cancelled
- Loan to Foreign Holding Company by its Indian Subsidary
- Format of Balance Sheet and Profit & loss Account of proprietorship business
- Reversal of Custom duty as per para 6.08 FTP 2023 for DTA sales done by EOU unit
- GST Reverse charge Accounting
- NOTICE DRC01 FOR F.Y. 2018/2019 BY ENFORCEMENT DEPARTMENT DRC01 FOR PENALTY(122)(1)(iii)
- Rodtep Script generate
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
