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by unimog
Wed Nov 23, 2011 4:37 am
Forum: US India Dual Tax, Cross country tax, FBAR
Topic: Any gift tax on property in Delhi?
Replies: -1
Views: 106

Any gift tax on property in Delhi?

My parents have a flat which they want to transfer in my name. They want to transfer it by "gifting" it to me as they heard its better than processing it the "inheritance" way. Is there a tax involved in gifting to their son as they heard there is a gift tax. Don't trust the corrupt officials in ...

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