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Income from sale of inherited property

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(Querist)
16 February 2016 Dear Sir, I have got 30 lacs from the sale of inherited property,what will be the tax implications?
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CA CMA CS Ram Pavan Kumar Melam

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CA CMA CS Ram Pavan Kumar Melam (Expert)
16 February 2016 Capital gains tax either long term (Period of holding normally > 36 months) or short term (POH <= 36 months) needs to be computed and to be paid.

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