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Q.

In case of will for transfer of property to son from father in whose account the income from property be taxed?

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0 2022-07-21T16:57:44+00:00
Hello Arun

A will comes into effect after the death of the father, therefore, till the lifetime of the father, the tax will be imposed on the father’s account and when such transfer will come into effect, the tax will be imposed on the son’s account.

Read More: How to Transfer Property from Father to Son ? How to Transfer Property from Father to Son after Death in India?   
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