including sale of property.TDS on sale of property is applicable under Section 194-IA of the income tax law. However, buyers and sellers need not worry about TDS implications at all if the property value is up to Rs 50 lakh. On property deals involving more than Rs 50 lakh, TDS on pro...
New owner will be allowed view but vinyl fencing and pond will remain attached to and maintained by adjacent property.”Three months later, the Fitzpatricks entered into a real estate purchase and sale agreement for theKent Propertywith Alan and Sherry Kent. ...
June 9, 2023: A husband supplying the money to her wife for property purchase does not necessarily make the transaction a benami one, the Calcutta High Court (HC) has ruled. For the transaction to qualify as benami transaction, the intention of the husband behind providing this monetary ...
6. You must ensure that your conveyancer serves the relevant statutory notices on the tenant following completion of your purchase, for example Section 3 of the Landlord and Tenant Act 1985 provides: “(1) If the interest of the landlord under a tenancy of premises which consist of or include...
Section 41a Is the divorce by default valid in india as per th Tds deduction on flat purchase Application for auction of property in fdp Gratuity part of fixed salary, deducted by employe Marriage law Change in property card of a trust property Child's name changed without informing or taking...
The purchase of a residential house/property within 1 year before or within two years of the sale of the plot of land. You construct a new residential house within a time period of 3 years after selling the plot of land. How much of LTCG can you save by using Section 54 F? If the...
It depends on when you will need money to purchase/construct the new property. Interest is not exempted under Income Tax Act, 1961. The interest earned under CAGS scheme will be chargeable as per Income tax slab rates.TDS will be deducted at applicable rates on Term Deposits. ...
In this mode of stamp duty payment, the seller has to purchase stamp paper of the required value from a licensed stamp vendor for his sale instrument, if the value of stamps does not exceed Rs 50,000. Since property transactions almost always involve more money than that, required stamp ...
The purchase of a residential house/property within 1 year before or within two years of the sale of the plot of land. You construct a new residential house within a time period of 3 years after selling the plot of land. How much of LTCG can you save by using Section 54 F? If the...