My brother who is NRI had JDA with builder and got three duplexes in exchange of land given to builder.No money transaction is done.Taking rebate on one house the capital gain comes to be about 4 lacs.Because he is out and cannot send money just now can I (His legal POA) deposit money on his behalf from my account in India under section 54EC to escape capital gain tax?
Menu
Capital gain in jda
Replies (1)
The time limit for investment in bonds is six months from the date of gains realized/accrued. So, plan accordingly.
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
