banner_ad

gift

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 February 2011 in case of gift.whether period of holding of previous owner is to be included or not u/s 56.e.g.i received a gift in fy 10-11 of house (stamp value 10 lac) from my friend which was originally purchased by him 5yr back of rs.1lac,if i sell property of rs.15 lac in the same yr.what is my period of holding?

see my community and join it......
Profile Image

Guest

Profile Image

Guest (Expert)
09 February 2011 In case of gift, period of holding of previous owner will also be considered for capital gain purpose.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details