25 December 2015
An amount of consideration received by the wife on death of Individual Assessee in case of sale of Residential House. what are tax treatment under Section 54 of Income tax Law? Who are liable to pay Capital Gain? What is the meaning of Assessee under section 54 of income tax act to read with other provision of income tax act
25 December 2015
It is not clear from your query that who has actually effected the sale or signed the registered sale deed or possession letter- deceased husband or wife ?
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