Menu
capital gain on gifted property by younger brother's wife to elder brither's wife
whether liable to capital gain on gifted property by younger brother's wife to elder brither's wife
Replies (1)
Do you mean to ask any gift tax liability? ot capital Gain tax?
As per sec 56(2) of IT act, they are relatives.
Hence any gift in between is not taxable.
Recent Topics :
Related Topics :
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
CCI
Pro
CAclubindia
