How is the sale of ancestral property taxed?
It is assumed that you are the owner of the ancestral flat, being a residential house property held for more than 24 months (including the period of holding by the previous owner) before its sale.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
