Gopal Chandu
(Freelancer with intelligence agencies )
(113 Points)
Replied 14 September 2018
If father gives son an apartment in 2003 with his pension money in son's name. Then son must only pay Capital Gains tax when the house is sold. For example, a house in 2003 cost 8 lakhs sold today 65 lakhs. Well, taxable only under capital gains tax.
Gopal Chandu
(Freelancer with intelligence agencies )
(113 Points)
Replied 14 September 2018
If father gives 18000 rupees, register for CA inter.