Transfer of immovable property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 December 2012
Can a mother transfer a residential house to her sons as a gift? Is there any stamp duty payable on the same? what is the applicability of gift tax?
06 December 2012
1. Yes a mother can transfer house property to her son.
2. If the house is to be registered in the name of the son, then stamp duty is applicable.
2. Gift tax has been abolished and no tax is applicable on such transfer.
2. If the house is to be registered in the name of the son, then stamp duty is applicable.
2. Gift tax has been abolished and no tax is applicable on such transfer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Transport service POS
- Distinct person & regular person POS
- To Whom the Invoice should be Raise to
- E INVOICE, E-WAY, INVOICE
- INCOME TAX NOTICE QUESTION
- When was the effective CA partnership deed? Can I use old FRN until new FRN alloted by ICAI?
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Whether to file ITC 03 for downward GST rate revision - Reg.
- Regarding claiming exemption under section 54ec
- E stamp paper purchase
- Input Tax Credit Treatment For Hotel Service Provider.
- Income tax on withdrawal of PF
- HIGHER TDS DEDUCTION ON SALARIED EMPLOYEE IN CASE OF INOPERATIVE PAN
- Query ON belated tds deduction
- Tax audit and section 44AD
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
