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Taxbility

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2012 i have one plot of land and same was given for development and received 3 flats, out of the 3 flats, i sold 1 flat and gifted 2 flats to my sister as gift.

i want to know the tax consequences ? ?
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Subramanian natarajan

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Subramanian natarajan (Expert)
23 July 2012 This is a complicated income tax/capital gains/gift tax related issue. Kindly approach
a good chartered accountant to know about the tax implications.
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