Staff Correspondent:
DHAKA, Nov 15 (BDReports24) — Purchasingartments, plots, and other immovable property in the names of family members remains a common practice in Bangladesh, driven by long-term financial security, legacy planning, and effective asset management.
Tax experts note that while acquiring assets for a spouse, children, or parents is legally permissible, properly reflecting these transactions in annual income tax returns requires careful documentation and adherence to regulatory guidelines to avoid future legal complications.
