[aaykarbhavan] Re:capital gains

An assessee who has factory premises in his block of assets. He discontinues his business. Want to transfer the factory premises to his son. His sons hold the same for next 3-4 years by giving the same on rental and later sales the premises on market value to third party. What are the implications of such transaction. What will be capital gain on his sale to third party and what will be his cost of acquisition to compute capital gain

s.d.athale

mumbai

09892133045 

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