If a property is being gifted by me to my friend then -
1.To whom the capital gain tax would arise donor or donee?
2.When the tax would arise, on transfer or when the reciever sells it to third party?
Please help
taxable in hand of receiver if value more than rs 50000
and it will be taxable at time of transfer
any query
con me 9873197307
CAclubindia
