Property

This query is : Resolved 

19 April 2016 Dear Sir,

we have property in the name of my father, we have sale this property for rs. 20 lac and we have equally distributed in all my four brother, can we pay tax on this money.if father is already expire.

Rajesh

21 April 2016 Capital gains will be attracted in the hands of father since he is the owner of property.



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