My late father had all 5 daughters & no sons. All five of us are married & our mother is alive. Now our mother wants to sell off our ancestral agricultural land & wishes to give equal share to all the daughters. Now I want to know whether this amount which I receive will be taxable as per our Indian constitutional law.Can any CHARTERED ACCONTANT or A TAX CONSULTANT please help me.................Thank u
2006-06-28
07:50:21
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3 answers
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asked by
sujesh
1
in
Business & Finance
➔ Taxes
➔ India