11 July 2009
A married women received a house property(consists of GF, FF SF & TF)as gift from her mother in 1981, the mother expired on 2002. in nov.2008 the TF was sold for RS.11 lacs. now the query is : 1) how much is the capital gain 2)COA as on nov,2008 3)if the gift is not made on 1981 but the amount was recd. by the women on her mother's behalf as a legal heir 4) if any best option available to minimise the CG tax.
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