LTC Gain on land inherited from wife (On her death)
This query is : Resolved
09 November 2019
A land was owned by my wife. On her death, the same was transferred in my name. Now If I sale the said land, what will be the impact of LTC Gain.?
13 February 2020
it will be taxed in your hands.
13 February 2020
for period of holding, you can count the period of holding of your deceased wife
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