Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Income Tax This

A Public Forum.
Acknowledging the Value of Experts.

Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query     My IssuesMy Replies
A free service.
You may submit an issue for brainstorming also.

Long Term Capital Gains, Income Tax

Issue Id: - 109498
Dated: 7-12-2015
By:- Ramesh M

Long Term Capital Gains


  • Contents

I have two properties A and B in my name. I've had both the properties for over 3 years. I want to sell property B. I don't want to reinvest the gains in another property.
To claim exemption from tax, can i gift property B to my wife and then make her buy property A from me using the gains? Will this work?

Regards,
Ramesh

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 11-12-2015
By:- MARIAPPAN GOVINDARAJAN

No. Capital gains will attract.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates