Tax on assest received from father.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 December 2014
Dear Sir/Madam,
My father sold a residential house in 2014, and invested Rs 50,00,000 in NHAI bond and have made me nominee to save capital gain tax.
He is no more, now i will be getting the amount invested after maturity.
Will i have to pay any kind of tax on that amount ( or income )?
All Experts are requested to please help.
My father sold a residential house in 2014, and invested Rs 50,00,000 in NHAI bond and have made me nominee to save capital gain tax.
He is no more, now i will be getting the amount invested after maturity.
Will i have to pay any kind of tax on that amount ( or income )?
All Experts are requested to please help.
17 December 2014
After maturity you need not pay any tax on that amount.
Message likes :
1 times
17 December 2014
no you are not liable to pay any tax.
Message likes :
1 times
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