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Which tax for gifted imvoble property

This query is : Resolved 

26 September 2014 if imovable property gifted then which tax

26 September 2014 what is the value and who gives to whom gift is not mentioned>

26 September 2014 depends on gifted by whom to who. if gift is between relatives, then no tax...otherwise, income tax under section 56 for the recipient..




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