Property registration and Gift deed cash
This query is : Resolved
Quick Summary
Arjun Krish621
(Querist)
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.
Arjun Krish621
(Querist)
18 July 2020
What is the solution sir??
18 July 2020
Solution is avoid such tax planning for tax avoidance.
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