Capital gain

Pulkit (Querist) 09 July 2012 This query is : Resolved
SIR,
IF A PERSON SELLS HIS PARENTAL PROPERTY WITHOUT GETTING THE PROPERTY INTO HIS NAME, WILL IT BE A CASE OF CAPITAL GAIN OR OTHER SOURCES?

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Shailesh Kr. Shah (Expert) 10 July 2012
WILL IT BE A CASE OF CAPITAL GAIN OR OTHER SOURCES?

Answer: Capital gain is to be pay on such transaction.

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