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?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 06 June 2017
No tax liability over anyone (for the act of Gift to Brother)
CAclubindia
