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This query is : Resolved 

28 October 2010 To whom it may concern

if a father gifts his son a building then at what value should it be shown in sons books of accounts

1)MArket Value at the time of gift

or

2)the same value as it was shown in fathers books of accounts

29 October 2010 hi varun kedia,
at same value as shown in father books of accounts means book value.

30 October 2010 ok thank u mam!




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