Inherited property, money or investments? 7-point tax checklist every heir must go through - Inherited assets come with a tax to-do list

Inheriting property, cash, or investments brings financial relief but it also comes with tax obligations that most heirs aren’t ready for. In India, inheritance is not taxed directly, but income earned from inherited assets is fully taxable. It’s up to the legal heir to settle the deceased's pending tax dues, file returns, and report future income correctly. Here's a step-by-step guide on what you need to do and in what order. Inherited assets come with a tax to-do list