capital gains
prashant Kumar Singh (student) (246 Points)
30 June 2019
is it not taxable gain on sale of inherent property under capital gain
prashant Kumar Singh (student) (246 Points)
30 June 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 30 June 2019
1. Capital gains will apply to the sale of inherited property. Cost to the previous owner will be the Cost of Acquisition (COA).
Please correct me if the above solution has an alternative view.
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