< iframe size= "480" height= "320" src= "https://www.youtube.com/embed/xGKo6QQdWV8?rel=0" frameborder= "0" allowfullscreen >< img style= "float: left; margin:0 5px 5px 0;" src =" http://taxdr.org/wp-content/uploads/2021/10/47ZKEn.jpg"/ > According to India Succsession Act 'WILL CERTAINLY' indicates the lawful statement of the purpose of a testator with respect to his residential or commercial property which he wishes to be lugged right into result after his death. Income tax obligation facets of transfer arising therefore will certainly are similarly vital to the understanding of various other important facets of will. This video clip will let you understand the solution to various related queries like: Whether 'Transfer' with 'WILL' is taxed transfer? Whether 'Transferee' getting possession under Will is taxed? ' Price of Procurement' and also 'Period of Holding'. ' Taxability of Earnings' obtained under a Will. ' Income of a Minor' from asset gotten under a Will. Are you reliant pay tax liability of 'Will Writer'? I hope customers will certainly find it deserving for their recommendation. Relevant arrangements of Earnings Tax Act 1961 in this respect are area 47, 49, 56( 2 )( x) and also area 159 and so on along with other general arrangements. In situation of any type of query you may write in comment part. Various other leading/ popular video clips of this network are: https://www.youtube.com/watch?v=JFFSeBWbMBw