Legal Question in Real Estate Law in India

Hi,

I want to know how can I get inheritance money from India to USA?

We are two sisters and my Dad nominated only my sisters name in property and a letter saying that we both share 50% of the property but unfortunatally didnt register it and didnt make a will. Now we are selling the property. I want to know if she makes a gift deed and gives me 50% of the money then will tax be applicable to both of us and how much will be the tax rate? She is planning to buy property with her share and I want my share in USA, so what is the best way to get the inheritance money without paying tax?

Appreciate your advise.


Asked on 6/07/15, 11:33 pm

1 Answer from Attorneys
Bhagwat Patil

You have to pay capital gains tax.

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Answered on 6/09/15, 7:28 pm


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