Receiving money from under a will of deceased NRE account holder

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(1)What are the documents required for receiving money under a Will of a deceased NRE account holder who is a related Uncle.

(2)Is the certified true copy of the Will required for tax purposes by each beneficiary of such  receipt ?

(3) What is the Income-tax or any other tax involved for such receipt of money above the standard limit?

Replies (1)

1. WILL of the deceased person along with its Probate.

2. Yes.

3. Its non taxable as of today.

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