Tax
This query is : Resolved
24 April 2014
can tax liability b avoided by transfer of property??If yes, then How??
V Uday Kiran
(Expert)
25 April 2014
hello divya ,
Transfer of property in the form of gift is tax free provided the property transferred under gift is to RELATIVE ... here relative has been defined under section 2(41) .... any amount or property transferred w.r.t individual to a relative is tax free ... if you can be more specific with your question may be i can help you better ... transfer of property from whom to whom ....
Transfer of property in the form of gift is tax free provided the property transferred under gift is to RELATIVE ... here relative has been defined under section 2(41) .... any amount or property transferred w.r.t individual to a relative is tax free ... if you can be more specific with your question may be i can help you better ... transfer of property from whom to whom ....
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