Exemption on cg tax

1. Yes, minimum two years of aggregate holding by her mother and himself.

Contra voucher doesn't change in case of cash withdrawal or cash deposit. It treats both cash or bank similar.

Thank u sir fir ur response. Mother owns the land for past 10 yrs. Is it compulsory that the son after getting settlement deed should hold for 2 years to avail cg exemption If he wants to sell .

No. In case of gift, the holding period of doner i.e. mother is added to the holding period of donee (son, here).

Thank u very much sir

You are welcome.