Gift

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Article assistant
59 Points Joined November 2015
I have a plot and transferred to my wife as a gift whether he or she will get any tax if yes kindly provide under which section.
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On 17 July 2016 at 01:03 Report
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PROFESSIONAL
761 Points Joined December 2009

not taxable in both case.

under section 56(2)

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On 17 July 2016 at 11:44
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Article assistant
59 Points Joined November 2015
thanks, there is no limit
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On 17 July 2016 at 11:50
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PROFESSIONAL
761 Points Joined December 2009

YES, Subject to section 56(2)

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On 18 July 2016 at 11:20


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