Tax Implication
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 June 2010
A is a professional person.
A dies and B, his wife sells the professional depreciable assets.
What is the tax treatment of the sale proceeds in the hands of the spouse.
A dies and B, his wife sells the professional depreciable assets.
What is the tax treatment of the sale proceeds in the hands of the spouse.
23 June 2010
It is the sam which was there in the hands if A would have alive
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