Do I have to pay Capitol Gain Tax on a property transferred as Hibba and sold in 2016 (after 2 years and 8 months)
- MUHAMMAD ZIAUDDIN asked 5 years ago
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Dear Ziauddin,
Property transffered to you through your parents or recieved as gift from close family are exumpted from CGT.
Jazak Allah
- Shehryar answered 5 years ago
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My question was regarding payment of CGT on sale of Gifted/Hiba property after 2 years and 8 months. And how it will be calculated. Thanks
- Guest answered 5 years ago
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