Gift tax on flat received from cousin
This query is : Resolved
27 August 2013
I am receiving flat (immovable property ) from my cousin, whether gift tax I have to pay. My family tree is as below
Murari
Dadaji Kashinath
Shashikant Mangesh
So, Mangesh receiving flat from Shashikant
Murari
Dadaji Kashinath
Shashikant Mangesh
So, Mangesh receiving flat from Shashikant
27 August 2013
Mention the relationship between the receiver and beneficiary of gift clearly.
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