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09 October 2018 MR.A is property dealer he hold property as a stock. mr a gifted a property to his son. in the sons hand what is nature of this property as a capital assets or as stock ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
09 October 2018 its upto the son. if he is not in business of property dealing, then he will account for it as a capital asset only

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