Gift to son
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2012
I have a NRI A/c. I want to purchase a flat of 40 lacs in the name of my son. so what will b the tax liability on me and my son who is running an own business??? plzzz reply its tooo urgent..
07 March 2012
NO TAX LIABILITY BETTER IF U PURCAHSE IN YOUR NAME AND THEN GIFT IT TO YOUR SON
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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