taxable income in case of legal hier

131 views 1 replies
My grand mother dead and her property is transfer to my father name .


Can you please suggest me
Whether in hand of legal hier it is taxable????

And we have to inform income tax department regarding such transfer of property?????
Replies (1)

1. No........ but only the income generated over it

2. No


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register