A NRI person gifts his land, earned out of his Income in India to his brother in India through gift deed.
What will be the tax liabilities for each of them?
Menu
Gift tax
Replies (1)
No tax liability over anyone (for the act of Gift to Brother)
Recent Topic
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
Related Topics
CAclubindia
