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Transfer of gifted property

This query is : Resolved 

03 November 2022 can a private ltd company gift its own property to its existing director ??
can a hsg society register the director as owner/member of the society ??
effect on the tax angle of such gifted property -- in income tax/gift tax to
both the pvt ltd company and as a individual as director
thanks
pls note gift deed is registered/stamp duty paid

04 November 2022 Such gift will be taxable in the hands of the director.



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