Hello everyone. There's a property on my mother's name and we need to sell it in few days. We plan to re-invest Capital gains in form of new property and tax saving bonds.
I want to know if my mother could gift me a part of her capital gain as a gift immediately after sale of property( in the form of new property or tax saving bonds) with zero tax gain on these funds. Following are the two ways which I can think of :
1) She buys a new property in my name and could show that in her capital gain investment.
2) She buys a new property in her name only and then immediately transfers it to me without any tax gain.
Please help me and suggest some possible way for this situation.