Easy Office
LCI Learning

tax liability onn inherited property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 June 2009 Our one client has inherited property from her husband. Is she is liable for the income tax liability not declared by her husband.
Profile Image

CA.Tarun Maheshwari

Profile Image

CA.Tarun Maheshwari (Expert)
27 June 2009 If she is the only legal heir of the husband, then all the taxes liable to be paid by the husband, shall have to be born by the wife as she is taking all the assets, she will born all the liabilities too.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links