Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

amit jain (banda)     23 August 2020


Whether giving of immovable property as gift to relative or non relative is chargeable to capital gain tax in the hands of transferor or not.

 2 Replies

priyanka pal

priyanka pal   23 August 2020

No. but if immovable property traf as a gift to non relative and sdv is more than 50000 then sdv is taxable in hands of transfree( non relative) u/s 56(2)(x)
sabyasachi mukherjee

sabyasachi mukherjee   23 August 2020


distributing gifts to relative is not taxable in the hands of transferee.

refer sec 56 (2)(x).

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion

Popular Discussion

view more »

Subscribe to the latest topics :
Search Forum:

Trending Tags