Capital Gains Tax in India on Ancestral Property

  1. pankaj3625 profile image73
    pankaj3625posted 7 years ago

    Capital Gains Tax in India on Ancestral Property

    Do capital gains tax applies to ancestral property? One of my relatives has sold his property but he is going to invest that money in buying a new house. He has no PAN card. Will he have to file his gains next year?

  2. soni2006 profile image79
    soni2006posted 7 years ago

    Question: Do capital gains tax
    applies to ancestral property? One of my friends has sold his ancestral house,
    but he is going to invest that money in buying a new property.



    Answer: Yes Pankaj, one of my colleagues
    sold his ancestral house... read more

 
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