Tax treatment in hands of Donor

Topic:Tax treatment in hands of Donor ?

AnonymousPosted on 8th January,2021 05:15 PM

What shall be tax treatment in hands of Donor(Gift Giver) if he gifts any property(immovable prop and other than immovable property) for Inadequate consideration ? Shall it be taxable u/h Capital Gains for Donor where gift is made for inadequate consideration ?\r\n

Main Category: Income Tax | Sub Category: TDS | Reply Count: 1 |