Capital Gains for PA holder
This query is : Resolved
15 August 2010
Can a power holder who sells the property and receives the consideration in his name is liable to pay capital Gains?
If yes what will be the cost of such property for calculating the capital gains?
If yes what will be the cost of such property for calculating the capital gains?
15 August 2010
No dear
Power holder (We under stood it as Power of Attorney holder) is not liable to pay tax.
Power holder (We under stood it as Power of Attorney holder) is not liable to pay tax.
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