Inherited Property, Gold & Other Assets: Tax Rules & Capital Gains Explained | Money Today

What happens when you inherit property, gold, jewellery, shares or mutual funds? Is inheritance taxable, and when does the tax liability actually arise? In this episode of Money Today, Sakshi Batra speaks with Ankit Jain, Partner, Ved Jain & Associates, to decode the key tax rules around inherited assets. The discussion covers how the cost of acquisition is determined, why the previous owner’s holding period matters, and how old properties and inherited gold are valued. We also look at capital gains on equities and mutual funds, taxation of rental income and family pension, and the importance of maintaining purchase documents and transfer records. The episode also explores ways to claim available capital gains exemptions and common documentation mistakes that heirs should avoid.