Tax query

Dear experts , Need you advice... In Partition , i have received 20 tola gold and 3 kg silver and 3 lakhs cash . Partition was done amoung all brothers after fathers death . After mothers death , i also got 50,000 cash . there was 10 years gap in my mother and father's death . I hvae made an fd from that amount . Will it be considered as my income or will it be exempted from my income ? I have a partition deed but it was not prepared at that time it was prepared After mother&father's death .

 

Replies (1)

Any income generated out of your share of the partitioned property will be considered as your income and will be chargeable to tax under your PAN.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details