Q.
Whether one has to pay tax on inheriting parental property.
Asked by dpatnaik,
18 Mar 11:38 am
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Answers (5)
1.
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1. Whether you inherit one Rupee or a million , it's unlikely you'll have to pay
tax on it.
2. When you inherit property and sell it -- a house, a car etc -- you
may have to pay tax.
Answered by Nitin Ray, 18 Mar 12:04 pm
tax on it.
2. When you inherit property and sell it -- a house, a car etc -- you
may have to pay tax.
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