No capital gains tax just because property docs not mutated in name of wife pursuant to family settlement
Summary of case :- The assessee had transferred the right over the subject property to his family members, i.e., mother and wife during assessment year 2002-03 itself which is quite evident from the order of the High Court blessing the family arrangement and the balance sheets as on 31-3-2002 of the assessee and family members,… Read More »