sajjad1951
Dec 30, 2011, 09:30 PM
Now I am US citizen. Left India 40 years agp. Now selling father's property. Buyer says must get a PAN card. He will deduct 20.6% for inheritance tax if we take money to USA now. Or keep it in Indian bank for 3 years then there will be no inheritance tax. Can you explain in the context of legality?