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Income tax

(Querist) 04 April 2022 This query is : Resolved 
I sold my deceased fathers property . my share is near to 28 lakh rupees. if I deposit this money altogether in a single bank account will any tax deduction come?
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kavksatyanarayana (Expert) 04 April 2022
No, to my best known. It is better to post this query on CAclubindia.com or consult a local CA.
Dr J C Vashista (Expert) 06 April 2022
Consult a local CA or post in CA Club as advised by senior expert Mr. Kavksatyanarayana, which I endorse and appreciate.
P. Venu (Expert) 10 April 2022
You could be liable for capital gain. Contact an Income Tax Practitioner.

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