Comment on Taxation for Traders - Introduction
1. There is no tax implication on inheritance of shares on death of parents.
2. The holding period of your father will also be considered, so it will continue to be under LTCG for you.
1. There is no tax implication on inheritance of shares on death of parents.
2. The holding period of your father will also be considered, so it will continue to be under LTCG for you.