For non-resident sellers, the TDS rate is 20% 5. Tax Implications for Non-Residents Capital Gains from property sale by non-residents are subject to TDS: 20% for LTCG. Higher applicable slab rate for STCG. 6. Special Considerations for determination of sales value Stamp Duty Valuation: If...
The Supreme Court of India in 2011 declared that, “a power of attorney is not an instrument of transfer in regard to any right, title or interest in an immovable property”. In this regard, the Indian Apex court directed the municipal bodies not to mutate ...
From FY 2017-18 onwards ie 1 Apr 2017 The criteria of 36 months has been reduced to 24 months in the case of immovable property being land, building, and house property. So the seller will have to check long term capital gains and he can use indexation Reply Girish on March 15, 2018...
Om Builders & Superstructures is one of the leading real estate developers in Navi Mumbai. We offer residential and commercial property for sale.
Stamp duty in Hong Kong is levied at the rate of which limit may be extended up to 3.75% on the conveyances of immovable property which is payable by each party to the contract in the equal shares subject to the provisions of commercial negotiation. The rate of duty is computed in refer...
How can you save the Long-term Capital Gain Tax on Property under section 54 You can save long-term capital gain tax on the sale of property by claiming Exemption under Section 54. Requirements for saving the tax are as follows To claim thefull exemptiononly the capital gains have to be ...