Dear Sir,
My uncle in UK has sold this Properties and paid Inheritance Tax in UK. He has written WILL in my father name for all the fund he has with him in UK.
WILL was made before he sold his properties.
Whether we must pay Taxes in India. if yes, then how much we must pay.
Any Possibilities for tax saving.
Regards
Gilbert
Check for any tax liability in UK for the inherited capital; but if the amount is received by your father as per your uncle's will, it is not taxable in India.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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