Dear Seniors
I had a query whether income tax will be applicable on Donation received from transferor / transferee in case of sale of flat, this is apart from the transfer premium of Rs.25000/- which is already collected.
Regards
Bharat
Manoj (Proprietor) 08 April 2014
Dear Seniors
I had a query whether income tax will be applicable on Donation received from transferor / transferee in case of sale of flat, this is apart from the transfer premium of Rs.25000/- which is already collected.
Regards
Bharat