Father inherited 3000 sq. Yard. Plot in 1947. Built house in 1971.Died in 2003.mother inherited, but died in 2014. NOW the inherited {4 patners} want to sell. Will LTCG. BE applicable? Present price may be over 1 crore.
Bayana has been received in this finnancial year, but registered deal will take place next financial year. Now how to account the money received now while filling tax return for AY+2019-20 ?because LTCG WILL happen in in next finnancial year. Please guide on thos issue.