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August 13, 2016 Gains from sale of inherited house taxable as capital gains
iStockPhoto I have inherited a house from my father, which he bought in 1981. I plan to sell it as I am moving out of the country next year. How will I be taxed on the gains from this? —Rajeev Bhatia The gains, if any, resulting from sale of inherited residential house shall be taxable […]
