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Long term cap. gain

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26 January 2015 is long term capital gain charged at different rate for a firm than for an individual. ps-i have a property in my partnership firms name. if i transfer it to partners personal names ablnd then sell it, does it allow any tax benefits?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
26 January 2015 The rate of Tax on Long Term Capital Gains is the same for a firm and for an Individual.
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Transferring the asset in the partner's hand will also make liable to the firm for capital gains tax.
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