is at the time of family settlement ...share received by family member ..is taxable ?
and at the time of selling of these shares ...is it taxable ..?
1. Usually No.
2. YES
8 Replies
D kapil
(Trainee)
(221 Points)
Replied 13 November 2017
may u share the any article/notification regarding this
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 13 November 2017
ankita agrawal
(209 Points)
Replied 13 November 2017
at the time of transfer no cg and after selling cg is attract
CA CHETAN GUPTA
(CA)
(588 Points)
Replied 14 November 2017
Family Partition Case.
Brother gave Some Money to Other Brother as his Share in the Property by Cheque.
Treatment in Income Tax ??
is the Money given to be shown in Income Tax Return of the Giver? Is it Taxable in the Hands of Receiver?
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