You inherited a house and old shares; here's how to legally keep the taxman away when you sell
Most people who inherit property or equity shares don't realise they are sitting on significant tax-saving options. The Indian Income Tax Act has multiple legal provisions — and most heirs use none of them. You inherited a house and old shares — the taxman is…
Most people who inherit property or equity shares don't realise they are sitting on significant tax-saving options. The Indian Income Tax Act has multiple legal provisions — and most heirs use none of them. You inherited a house and old shares — the taxman is…
Receiving an inherited house or equity shares does not attract any Capital Gains Tax, Gift Tax, or Inheritance Tax in India. The tax clock starts only when you decide to sell. This matters because it…
Originally published by Economictimes.com. Read the full article →
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