Mirror Now
@mirrornow·2.2M subscribers·145K videos
Taxation of gifted property – Property Hotline
Posted
May 12, 2016
Views
4,501
Likes
36
Comments
2
Engagement
0.84%
May 12, 2016
4,501
36
2
0.84%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
5:35Now PlayingRenukananda from Bengaluru said that he owns a residential house, in Bengaluru, which was gifted to him by his sister in 2015. His nephew originally bought this in 2002 and gifted it his sister (nephew's mother) in 2015. What will the tax impact on selling the property? Expert Jayesh Kariya answered that the sale of residential house by him will lead to the long term capital gains taxable. To determine the capital gains, the cost of acquisition of residential property will be the cost to his sister's son. Also, the period of holding will be counted from the date the property is acquired by his sister's son. Tune into the video to know more:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
