Gifts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2011
Is gifting a land or flat is taxable to given and acceptor?
20 June 2011
if stamp value exceeds 50000 and no consideration is involved then entire stamp value taxable in hands of acceptor provided he does not fall in exceptions given in section 56(2)(vii)
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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