one the client received property from parents as acquired in legal heirs.
when parents purchase property at very low amount now that house is sold nd from that 2 houses are bought by 2 brother at their own name from sale of parents property.
nd surplus is left of 10lkh
then how valuation is required to be done of these 2 news houses nd capital gain taxable?
2 Replies
hari sarda
(student)
(77 Points)
Replied 23 December 2020
There can be many tax planning like - purchase the new house property with joint name and also purchase the same property adjunct to each other and convert the same in asi gle house. for more feel fry to contact harisarda01 @ gmail.com
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