gift of immovable property & cash

Querist : Anonymous (Querist) 12 December 2010 This query is : Resolved
Joint residential property vested with me and my brother, inherited. I intend to gift my share to him and he intends to gift money to me & my family. do we need to pay stamp duty as sale and capital gain tax under IT?

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Devajyoti Barman (Expert) 12 December 2010
You have already posted a query on the same subject matter and got a reply. Wait for sometime to get more replies from other experts than postng again.

Arun Kumar Bhagat (Expert) 12 December 2010
Repeated query.

s.subramanian (Expert) 12 December 2010
yes

Uma parameswaran (Expert) 13 December 2010
yes.

Raj Kumar Makkad (Expert) 13 December 2010
repeated

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