Property
This query is : Resolved
RAJESH KUMAR
(Querist)
19 April 2016
Dear Sir,
we have property in the name of my father, we have sale this property for rs. 20 lac and we have equally distributed in all my four brother, can we pay tax on this money.if father is already expire.
Rajesh
we have property in the name of my father, we have sale this property for rs. 20 lac and we have equally distributed in all my four brother, can we pay tax on this money.if father is already expire.
Rajesh
21 April 2016
Capital gains will be attracted in the hands of father since he is the owner of property.
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