regarding letter of administration

Querist : Anonymous (Querist) 26 April 2011 This query is : Resolved
Dear sir
M y mother had been issued the letter of aministration for the property worth of one crore
the querry is
1, any asset if sold within three years are bound to have in come tax or mere title change is supposed to be Gift. if mu mother is thinking of distributing it to their childrens say 4 + to the two daughters of his brother what will be the procedure
2, if she pays tax like high capital tax gain or low capital tax gain and distributes to the children and brothers daughter whether the receiver has to pay further tax or will it be treated as gift
3, what is the maximum limit above which the gift tax has to be paid

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Tajobsindia (Expert) 30 September 2012
This query is left open from last 1 year.

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Guest (Expert) 30 September 2012
Anonymous query.

Tajobsindia (Expert) 30 September 2012
In INTERNET there is nothing called as if one puts "Sita - Geeta NAME" it authentifies the QUERIEST and thus qualifies for a reply !

Also in legal opinion matters put in INTERNET a queriest PREFERS mostly ANONIMITY!

Guest (Expert) 30 September 2012
Mr. Tajobs

You were free to reply anonymous queries. There would not have been no objection to anyone, had you replied the query instead of merely asking the anonymous querist, "author still interested in a reply from Experts?", which had no relevance with with the query of the queriest.

You are still free to reply the query. But, you have still not replied tyhe query if that was open.

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