Legal Question in Real Estate Law in India

I have sold my house and bought a new house too.. If I will giove the remaining money to my grandson as a gift who lives in Canada, would there be any tax on that money.. please confirm,


Asked on 4/09/12, 9:16 am

1 Answer from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Compute your taxable income and then decide.

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Answered on 4/09/12, 10:24 pm


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