About Gift Tax. My sister wants to gift me (my family/HUF) her flat. As I know that I have to pay stamp duty and registration charges, but what about Gift tax? It is exempted in blood relation, but is it same if given to my HUF? Thanks
n d shah T (student) 28 February 2012
About Gift Tax. My sister wants to gift me (my family/HUF) her flat. As I know that I have to pay stamp duty and registration charges, but what about Gift tax? It is exempted in blood relation, but is it same if given to my HUF? Thanks
vineeth p v (advovate) 29 February 2012
gift tax is excempted for you