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 Topic
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
- Query related to agricultural income of Trust
- Full & Final Settlement — what changed u
- Capital gains or losses when new equity was issued
- Looking for a FMCG foods business to acquire
- Sale of mutual fund in zerodha and AIS
- FORM 144 TDS RETURN FILING
Related Topics
CAclubindia
