long term capital gain

Thanks for your reply. If my wife takes the payment from my parents and give them the possession and get GPA registered in their name. Will that be considered sale or not.

asked Jul 13 '11 at 08:50 by ritesh071 1358


Registered deed has to be done with payment to stamp duty to make a transaction legal. GPA won't be considered a sale.

answered Jul 13 '11 at 15:18 by pankaj 5.2k320

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Asked: Jul 13 '11 at 08:50

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Last updated: Jul 13 '11 at 15:18