Income Tax On Gains From Sale Of Land News

Money

Gain from sale of land is not tax-exempt in hands of parent even if it’s gifted to child

The gift a son receives from his father is not treated as taxable income, but it is advisable to make a gift deed

2 min read3 Sep 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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