Hi ,
I am planning to sell my flat to my father to save capital gain tax. Is it legally allowed . my father has sold a plot which has some capital gain tax.
Thanks
Rajesh
Menu
Selling my flat to my father to save capital gain tax
Replies (2)
Yes, if Sale deed registered with Sub-registrar with stamp duty duly paid.
Land you cannot claim exemption if you purchase a house property.
Recent Topic
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
Related Topics
CAclubindia
