New Delhi, July 22 -- Have you sold an inherited property at a loss? Or are you looking to complete the sale soon? Do you have a clear understanding of the tax implications and applicable rules in such a case? These are some of the core questions that every aspiring seller of a property must ask themselves before clearing a property, to ensure meaningful estate planning and help them make reasonable tax savings upon the completion of the sale.

Now, do remember, selling an inherited property might not always result in a capital gain. This is possible due to factors such as market fluctuations, lower sale consideration, or higher applicable transaction costs, which may result in taxpayers incurring capital losses.

Given that such a loss d...