https://www.taxtmi.com/forum/issue?id=113394 Whether sale of a flat held in a spouse's name gives rise to tax consequences depends on characterization of the transfer and comparison of sale consideration with the guideline value; if the guideline value exceeds the sale price a capital gains computation and tax may arise, and authorities may query valuation, ownership characterisation and reporting. en-us Fri, 09 Feb 2018 16:19:13 +0530 Thu, 23 Jan 2025 15:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113394 Whether sale of a flat held in a spouse's name gives rise to tax consequences depends on characterization of the transfer and comparison of sale consideration with the guideline value; if the guideline value exceeds the sale price a capital gains computation and tax may arise, and authorities may query valuation, ownership characterisation and reporting. Discussion-Forum Income Tax Fri, 09 Feb 2018 16:19:13 +0530 https://www.taxtmi.com/forum/issue?id=113394