Tax on Shares under Inheritance

199 views 3 replies
Taxability on Transfer of Deceased share or MF to Legal Heir?
1. Taxability in hands of Deceased at time of Transfer?
2. Taxability in hands of Legal Heir? Not sold as on date.
Replies (3)
1. Nil
2. Taxable only at the time of sale
Inheritance is not taxable.
it's taxable at the time of sale.
@ Rashmi mam ....pranaam ( could you please answer me in inbox )


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