Exchange of propertys capital gain tax applicable
This query is : Resolved
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Kollipara Sundaraiah
(Querist)
19 April 2024
Sir,
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.
Nikhil Kaushik
(Expert)
19 April 2024
no. it would get covered under transactions between relatives provided you do this transaction as two separate gift deed.
Message likes :
1 times
02 May 2024
Additionally, if both are registered sale deeds, capital gain tax liability would arise; but not liable if the deeds are GIFT DEEDS.
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