TRANSFER OF PROPERTY
This query is : Resolved
28 September 2019
THE PROPERTY IN THE NAME OF X PVT LTD,CONSIST OF 4 DIRECTORS-FATHER,MOTHER,SON,DAUGHTER ,NOW THE COMPANY WISH TO TRANSFER THE PROPERTY TO MOTHER,ALL THE OTHER THREE ACCEPT FOR THE SAME ,IS IT TRANSFER THROUGH SETTLEMENT LIKE GIFT OR LIKE SALE ONLY,IS IT ATTRACTS ANY CAPITAL GAIN.
29 September 2019
Only sale is allowed and it attracts capital gain.
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