Selling Ancestral Property: Why April 1, 2001, Fair Value Matters for Capital Gains
Income Tax rules allow fair market value as on April 1, 2001 for ancestral property acquired before that date, reducing capital gains tax liability.
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Income Tax rules allow fair market value as on April 1, 2001 for ancestral property acquired before that date, reducing capital gains tax liability.
Is an unregistered will valid in India? Learn how property is divided among siblings under the Indian Succession Act and Hindu Succession Act, with court insights.
Supreme Court rulings clarify that daughters alive on September 9, 2005 have equal coparcenary rights in HUF ancestral property, ensuring gender equality in inheritance law.
Selling inherited property in India attracts capital gains tax, not inheritance tax. Supreme Court clarifies tax liability, exemptions under Sections 54 & 54EC, and rules for shar…
UP Cabinet slashes rent agreement registration charges by 90% and allows ancestral property partition at a flat ₹10,000 to reduce disputes and boost legal security.