Tag: Property Sale

Capital gains on inherited property: Can higher fair market value than stamp duty valuation be used? | Mint

The father, a Christian, had gifted his new redeveloped flat to his two daughters and his wife, each with a 1/3rd share, by executing...

How is a trust taxed on a property sale? | Mint

I have recently shifted my residence to Dubai. I’m a beneficiary along with my brother in a trust settled by my father in India....

Income tax implications of property sale and gifted proceeds from legal heirs | Mint

My father passed away last year without executing a valid Will, leaving behind my mother, a son, i.e. me and my sister. He had...

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