Selling inherited property? ITAT clarifies LTCG Indexation starts from the original owner’s purchase year

When calculating tax liability, sellers of inherited property must determine the holding period using the original owner’s acquisition date

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

    Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a Will is also not taxed

    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

    Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a Will is also not taxed

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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    Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

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