About taxation on property
This query is : Resolved
13 June 2015
My client has four brothers,his father and mother was died.Now the house which is in the name of his father they wanted to sell.One of brother is agreed to take this house and to reimbursed others there share.Is the proceeding received by all brothers from one of the brother who is taking this house is taxable???
13 June 2015
Sale deed will be executed by other 3 brothers so capital gains tax against this sale will arise.
13 June 2015
Thanks a lot for your advice...
13 June 2015
Thanks a lot for your advice...
13 June 2015
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