Is gift transfer? Please answer.
Ankush (Student) (1369 Points)
08 July 2017
For the purpose of capital gain.
3 Replies
Dhruv Shah
(Article Student)
(357 Points)
Replied 08 July 2017
No...any immovable or moveable property transferred by way of gift,will etc. is not treated as transfer as per section 47
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