Menu
Amount recd by way of nomination ,
amount recd by way of nomination in a case where it is on interest with a pvt individual under which section to be declared and is it taxable? Amount is received from maternal ante.
Replies (1)
As there is no inheritance tax, any amount received by legal heir/s of a deceased is not taxable under IT act... be it nominated or otherwise....
Sec. 56(2)(x) of IT ct...
Recent Topics :
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
- Loan & Joining bonus to new employees Chief Ma
- Income Tax NUDGE Notice – Gift of Shares fro
- Is DIR-3KYC Needed
- Looking for a study buddy intermediately Jan 2027
- How to correct a NIL GST return filed by mistake w
- Is it legally permissible not to report F&O lo
Related Topics :
CAclubindia
