{"id":33934,"date":"2023-04-29T16:16:22","date_gmt":"2023-04-29T10:46:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=33934"},"modified":"2023-04-29T16:16:22","modified_gmt":"2023-04-29T10:46:22","slug":"gift-to-nephews","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/gift-to-nephews\/","title":{"rendered":"gift to nephews"},"content":{"rendered":"<p>a firm has 2 partners who are real brothers . They wish to gift a depreciated office of the\u00a0 firm to first\u00a0 son of third brother\u00a0 and non depreciated building of the firm to another son of 3rd bro,<\/p>\n<p>firm has running business too for the existing partners .<\/p>\n<p>Any tax liability\u00a0 any other section like 56 [2]\/45 etc\u00a0in the hands of firm, partners and\u00a0 2 sons of 3rd brother ?<\/p>\n<p>can firm give gift as above ?<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[883],"class_list":["post-33934","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-gift-to-nephews"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/33934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=33934"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33934"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=33934"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=33934"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=33934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}