capital the property be the full asset is = Rs.150 value of transferred for lower Difference on for than stamp between transfer of duty value stamp duty the value and property. stated consideration Rs.150 will is chargeable be added as Income to capital from other gains sources Immovable Income in the NA NA NA Stamp duty property hands of the value is held as receiver of deemed to be the property the full value is = Rs.150. of transferred consideration for lower Difference for transfer of than stamp between the property. duty value stamp duty value and Rs.150 will stated be added to consideration business is chargeable profits. as Income from other sources Unquoted Income in the NA Fair market NA NA shares hands of the value is held as receiver of deemed to be capital the property the full value asset are = Rs.150. of transferred at lower Difference than fair between fair market market value Rs.150 is value and stated added to consideration capital gains. is chargeable as Income from other sources Capital Income in the NA NA ?? NA Asset other hands of the Can this be
capital asset is transferred for lower than stamp duty value the property = Rs.150 Difference between stamp duty value and stated consideration is chargeable as Income from other sources be the full value of for transfer of the property. Rs.150 will be added to capital gains Immovable property held as is transferred for lower than stamp duty value Income in the hands of the receiver of the property = Rs.150. Difference between stamp duty value and stated consideration is chargeable as Income from other sources NA NA NA Stamp duty value is deemed to be the full value of consideration for transfer of the property. Rs.150 will be added to business profits. Unquoted shares held as capital asset are transferred at lower than fair market value Income in the hands of the receiver of the property = Rs.150. Difference between fair market value and stated consideration is chargeable as Income from other sources NA Fair market value is deemed to be the full value of Rs.150 is added to capital gains. NA NA Capital Asset other Income in the hands of the NA NA ?? Can this be NA on
Gift-related-transactions-and-capital-gains.docx