if I sale any inherited property then it will be taxable?
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Sale of property
Replies (5)
yes it will be taxable
It will be taxable under the head Capital Gains.
YES IT WILL BE TAXABLE
It is taxable & the charging sec for the same would be Sec 45.
It will be taxable under the head capital gain. Cost of acquisition will be cost to previous year u/s 49(1).
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