Legal Question in Wills and Trusts in India
my mother in law has sold her flat in which she was living and has come to stay with us, we are also seeling our property and buying a bigger flat, she has given me all the money from the sale of the flat, now what i wanted to know is that is she liable to pay capital gain tax, she is retired and stays at home,
Asked on 10/03/11, 3:37 am
1 Answer from Attorneys
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
you may approach a local income tax advocate/consultant/CA.
Answered on 10/04/11, 6:19 am
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