Power of Attorney (PoA)A Power of Attorney is a legal document where one person grants the right to execute i.e. power to transact in matters regarding property, legal and judicial proceedings, banking, payment of tax, etc, to another person due to any of...
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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 property sale becomes...
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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 invested. In case entire capital gains are not invested – the amount not invest...
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