Legal Question in Real Estate Law in India
what is the cost of acquisition for an inherited property?what are the capital gain tax on property and what are the exemptions and ways to save it?is there any special bank account hwere it needs to be deposited?
Asked on 7/29/09, 12:51 pm
1 Answer from Attorneys
Pranav Desai
PD Legal & Associates
Well!!! lots of questions. You should consult a local chartered accountant with all the facts. Or read the Income tax Act for capital gains tax and exemption.
Answered on 7/30/09, 12:50 am
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