Please Help: Transfer of Property
Posted Date : 18-Apr-2013 , 03:00:19 pm | Posted By: Arpit Singhal
Category :
Income Tax | Answers :
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A father wants to gift his daughter his property whose market value is 3 crore so i want to know that will it be taxable in the hands of daughter ? if yes why ? |
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Answer by: Rishabh Upadhyay |
Gift in Kind to daughter, will not be subject to tax
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Posted By : Dilbagh Singh |
18-Apr-2013, 05:47:00 |
gift in blood relations are not taxable provided it is an irrevocable transfer |
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