Property registration and Gift deed cash

This query is : Resolved 

18 July 2020 Hello sir, I am giving property to my sister as gift. so no money involvement and no capital gain tax and in return i am also getting gift cheque of 50 lakh. It is also tax free.. so, do i have any problem ? if i do this on same day.. Please kindly let me know

18 July 2020 Inviting problem from tax department.

18 July 2020 What is the solution sir??

18 July 2020 Solution is avoid such tax planning for tax avoidance.


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