property matter

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70 Points Joined July 2017
i want to ask 1quston about property.any frnd can gift a property to his frnd without taking money
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On 23 August 2017 at 13:52 Report
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Student
150 Points Joined May 2014
section 56 provisions will apply. Transfer of immovable property without consideration. If the stamp value of the property is more than 50000 then whole amount is taxable
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On 23 August 2017 at 14:57
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Student CA IPC / IPCC
82 Points Joined February 2015
read with section 56(VII)(2) & taxable in Hands of transferor under the head capital gains
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On 23 August 2017 at 22:57


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