tax liability onn inherited property
This query is : Resolved
27 June 2009
Our one client has inherited property from her husband. Is she is liable for the income tax liability not declared by her husband.
CA.Tarun Maheshwari
(Expert)
27 June 2009
If she is the only legal heir of the husband, then all the taxes liable to be paid by the husband, shall have to be born by the wife as she is taking all the assets, she will born all the liabilities too.
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