What To Do If You Accidentally Bought Agricultural Land As An Nri - Find The Best Solution Now!

[@Xyz-oc1to]

On the time of gifting to parents is there any tds or tax on donor or receiver? Kindly guide thanks

[@AKTAssociatesOfficial]

No tax on the recipient (parents): Gifts received by your parents from you are exempt from tax since they are considered close relatives. For more details Please contact our NRI Desk at [e-mail] or 8080088288.

[@jayasrikoneru7611]

My friend father bought acre land for her daughter name she is NRI she found out recently she’s USA citizen now limited $ 18,000 per person can she give it to her brothers every year some

[@AKTAssociatesOfficial]

Please take consultation with our CA. You will get clarification for your query. For more details Please contact our NRI Desk at [e-mail] or 8080088288.

[@mujibkhan-b9l]

If i gift to seller ,is that allowed and is there any tds or tax impications.? Property value 3 lakhs

[@AKTAssociatesOfficial]

Instead try reversing transaction

[@Xyz-oc1to]

Can i gift to wife?

[@AKTAssociatesOfficial]

Yes you can Gift. to spouse For more details Please contact our NRI Desk at [e-mail] or 8080088288.