Upgrad LLM

cpital gain tax


Sir,

My father sold a 25 years old house some times ago (6 month ago).

Now I want to purchasse a new house from that money.

What is the tax liabity in this case ??

means can I use that money without giving gift tax ??

what will be the capital gain tax on that??

 

Thanks for your kind advise

 
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Plese some give some guidence on this
 
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