Menu
Immoveable property gifted by own brother
My elder brother gifted own immoveable property to me without consideration . At the time of registration of gifted immoveable property , stamp duty and registration fee paid by me . Please it is legal and what effects regarding exemption of tax under income tax law. Please advise me .
Replies (1)
Property received as gift is from relative exempt from tax as per my view
Recent Topic
- 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
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
