Taxation on inherited property sale
My parent jointly bought a property on 1968. After my father's death we want to sale the property and distributed the return per law of inheritance. My mother is alive now. Please tell me what will be tax liabilities
Asked on 2/20/09, 4:33 am
1 Answer from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
Re: Taxation on inherited property sale
your question is not quite clear,you have to mention details of joint holders relationship and you mentioned parent,is that both of your parents or only father?
Answered on 2/20/09, 9:32 am
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