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Exchange transactions between two sisters capital gain tax applicable

This query is : Resolved 

25 November 2023 sir,
If female assessee gold jewellery value rs:15 lacs exchange to another female assessee(sister) after another female assessee silver articles value rs:16 lacs exchange to sister.
Query:
Above mentioned exchange transactions two sisters capital gain tax applicable or not applicable in it act.

25 November 2023 Treat it as gift to relatives capital gains tax will not arise.



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