property of deceased assessee has been transfered to legal heir.
whether assessee got any exemption under capital gain.
Menu
Exemption
Replies (3)
Legal heir can get exemption u/s. 54/54F when he sells the property, but not while procuring it under inheritance!!
if legal heir investing amount under 54EC Then!?
Exemption u/s. 54EC can be availed for any LTCG arrived; but when any property is inherited, no LTCG is arrived.
Yes, he can get this benefit in the year of sell of the property.
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
