Easy Office

inherited property

This query is : Resolved 

19 August 2017 my mother got her share of house in 1984 via grandmothers WILL got it registered. house is almost 125yrs old. FMV at that time was 12k-15k. now it is almost 25lacs. now she want sell it. what will be capital gain. she doesn't want to buy house. how can she save LCG tax. She is 68yrs now. pls guide

19 August 2017 Capital gain can be worked out on line. She can save ltcg by investing in specified bonds like nhai ,recl bonds etc

20 August 2017 will that Bond get interest/dividends




20 August 2017 Yes, Bond Investment gets you interest income which will be taxed as income

20 August 2017 she doesn't have any other source of income. can she get monthly or quarterly income from that. capital gain will be around 23-24lacs, if same deposited in NHAI bond what is the interest rate?

15 October 2021 Interest rate is 5.25% paid half yearly.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries