Owner Dies After Sale – Will New House Bought by Legal Heir Get Capital Gain Exemption? [Query] I had purchased a plot in my name on 15-03-2001 for ₹ 2,70,450. Thereafter, I constructed a residential house on the said plot during FY 2005-06, and the construction was completed in Dec – 2006 at a cost of ₹ 30 Lakh. Thus, the total cost…
The post Owner Dies After Sale – Will New House Bought by Legal Heir Get Capital Gain Exemption? appeared first on The Tax Talk.
