Hi,

My name is Mohit and i am resident in usa.

I got a house property property (In India) in inheritance from my grandmother (after her death) in 2016. said property was acquired by her in 1980 and she lived in that house though out this time.

I want to sell that property and have couple of questions.
1. What is the capital gain in my hand when i received property in inheritance?
2. What will be the basis for me when i sell this property.
3. How capital gain will be computed when i sell this Property.

Thanks
Mohit