TMI BlogCapital GainX X X X Extracts X X X X X X X X Extracts X X X X ..... Property A and B are jointly owned by two sisters. It is mutually agreed that sister 1 will release her right in property A in favor of sister 2 and vice versa. Will this transaction amount to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exchange resulting in Capital Gain or whether it can be treated as family arrangement which is out of preview of definition of transfer and hence no Capital Gain is attracted. - Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CASusheel Gupta - The Reply = Since both are co-owner, it can be treated as family arrangement CA Susheel Gupta 9811004443 - Capital Gain - Query Started By: - Ethirajan Parthasarathy Dated:- 28 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -9-2021 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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