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K L   31 January 2017

Relinquishment deed

my mother bought residential house for Rs.1.50 lakh in Delhi in 1999. She expired in 2015. my father also expired in 2007. An RD was executed in my favour without any consideration, by rest of the legal heirs. Now I intend to sell this proporty for approx Rs.20 lakh. What would be my tax liability/implication in this case. Thanks.


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 4 Replies

H.JanakiManohar Rao (lawyer)     31 January 2017

U pl. consult a charted accountant fr tax liability.

H.JanakiManohar Rao (lawyer)     31 January 2017

U pl. consult a charted accountant fr tax liability.

H.JanakiManohar Rao (lawyer)     31 January 2017

U pl. consult a charted accountant fr tax liability.

Kumar Doab (FIN)     31 January 2017

Pls discuss with a very able I.Tax Consultant/CA.

 

You can also post query in sister concern of LCI

https://www.caclubindia.com/


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