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Aakarsh Jain 23 October 2021

Save Capital Gains

I'm going to sell an property in city limits. Its Stamp duty value is 1250000. I'm the owner of the property. Can I transfer it to my 4 family members and then sale it to divide the value in 4 parts and get cheque in name of 4 family members to avoid tax by taking benefits of slab rate?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) 23 October 2021

The four family members should not include your wife and minors; otherwise the income will get clubbed in your hand again..

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