Gains from sale of inherited property taxed as capital gains
iStockPhoto I am selling my ancestral residential property, which will fetch around…
Cash received as gift from some relatives is tax exempt
iStockPhoto I had gifted Rs.2 lakh to my spouse, with which she…
Capital gains arising from share sale in India are taxable
iStockPhoto I live in Australia and have equity shares in India. I…
Gift from certain relatives is tax free in India
iStock Photo After living in the US for 10 years, I returned…