• Can I gift the proceeds of the sale of a duplex to my son to avoid capitol gain taxes?

I sold a duplex for $390,000, originally purchased in 2015 for $179,000. I paid off the property with the proceeds and I now have $250,000.
Asked 12 days ago in Capital Gains Tax

Hi

 

This website is regarding taxation in India. 

Lakshita Bhandari
CA, Mumbai
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Sir, This website is for Indian Income tax related advisory.

 

Hope you find the information helpful, if yes do rate if 5 and provide your valuable feedback for my improvement.

Thank you.

Naman Maloo
CA, Jaipur
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- This website is only for taxation issues pertaining to India.

Vivek Kumar Arora
CA, Delhi
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