Capital gain tax on share from property owned by late parents?
naval rungta (95 Points)
05 January 2023naval rungta (95 Points)
05 January 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170798 Points)
Replied 05 January 2023
If you don't construct house property over the plot (within specified time period), you cannot claim exemption of LT capital gain earmed on inherited property; hence you will be liable to pay tax over the gain.
sabyasachi mukherjee
(27274 Points)
Replied 06 January 2023
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)