Cash received from property of father on his death
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2013
Dear Expert...
Plz guide how to treat in income tax of cash amount received from father property on his death but father was working in UAE and also deid in UAE for last 18 yrs.
whole amunt is recieved through bank
Plz guide how to treat in income tax of cash amount received from father property on his death but father was working in UAE and also deid in UAE for last 18 yrs.
whole amunt is recieved through bank
28 October 2013
I dont think its taxable. The father was non-resident and income in uae is anyways tax free. What you have received is a remittance.
Other experts may correct me if I am wrong
Other experts may correct me if I am wrong
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