We children sold our deceased father's property.my share come near to 28lakh rupees. If I deposit this amount all together into a single bank account will there any income tax deduction come,? if so how can I free from this tax deduction ?,how much deduction come ?because I don't have another property
January 4 th 1964 is purchased date of property .our father died on December 10 1985 .We sold property by March 23 2022
Can I deposit the amount into bank account for 2 or 3 month up to purchase of new residential property?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
