Any gain or loss arising from sale of such inherited property, shall be chargeable to tax as ‘capital gain/ loss’ in your hands in the year of sale.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.