ITR -2 House property received as gift from relative
R.Akhila (Student CA ) (61 Points)
25 July 2019what value should I show as gift? actual cost to previous owner or market value?
R.Akhila (Student CA ) (61 Points)
25 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171444 Points)
Replied 26 July 2019
1. 'Schedule EI' exempt income u/s. 56(2)(x)
2. Stamp duty value as on the date on gift.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)