ACQUISITION ON SALE OF ANCESTRAL PROPERTY
This query is : Resolved
29 August 2009
DEAR SIR/ MADAM
A VACANT LAND RECEIVED FROM FATHER IF SON WAS SOLD THIS VACANT SITE HE IS LIABLE FOR ACQUISITION EXEMPTION. THANKS IN ADVANCE
A VACANT LAND RECEIVED FROM FATHER IF SON WAS SOLD THIS VACANT SITE HE IS LIABLE FOR ACQUISITION EXEMPTION. THANKS IN ADVANCE
29 August 2009
No, he can't get acquisition exemption.
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