Exchange of propertys capital gain tax applicable
This query is : Resolved
19 April 2024
Sir,
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.
19 April 2024
no. it would get covered under transactions between relatives provided you do this transaction as two separate gift deed.
Message likes :
1 times
02 May 2024
Additionally, if both are registered sale deeds, capital gain tax liability would arise; but not liable if the deeds are GIFT DEEDS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- Whether still royalty
- Legal heir raised refund , but refund issued to the closed account of deceased.
- GST Annual Returns filing due date
- TDS NUMBER SURRENDER
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
