Inheritance tax
This query is : Resolved
Ankit Jain
(Expert)
18 January 2013
Hi Sumit,
Inheritance tax is known as estate duty. It is a tax on inheritance of wealth. It is imposed on the transfer of the taxable estate of a deceased person to its legal heir. it is levied on the total market value of assets owned by a person at the time of death, and also it was abolished in India in 1985.
Thanks
For further please revert back
jainankit3006@gmail.com
Inheritance tax is known as estate duty. It is a tax on inheritance of wealth. It is imposed on the transfer of the taxable estate of a deceased person to its legal heir. it is levied on the total market value of assets owned by a person at the time of death, and also it was abolished in India in 1985.
Thanks
For further please revert back
jainankit3006@gmail.com
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