money from sell of property as gift??

1. Any way they like....... because LTCG tax liability rests on Mr. A.

2. Single Gift deed is OK for all.

3. Evaluate value of the property as on 01.04.2001, from a Registered Valuer, that can be taken as COP as on 01.04.2001. Index the COP to the date of sale, to evaluate LTCG.

thank you sir for the reply...

one more thing .. sir i earn by getting commision from builder by helping him sell flats...

q1...which itr do ineed to file for tax purpose...

and for fy 2017-18 i got 2 lakhs by selling flats.. and from apr 2018 till date i got 80 thousand... the builder will now give the total amount that is 2.80 lakhs.... so can i deposit the whole amount in bank now.... and file itr for 2017-18 as 2 lakhs..although i got the actual money now(total sum) 

1. ITR 3 for brokerage or commission income

2.  File ITR on accrual basis, i.e, declare 2 lakhs income in FY 2017-18, as accrued income, subject to deduction of expenditures to earn the income.

3. Better take cheque along with brokerage statement.

thank a lot sir for your invaluable suggestions and answers....god bless you

Most Welcome...

God Bless Us All ......