Facts and circumstances of each case warrant a detailed examination for taking an informed decision on this aspect.
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head â€˜capital gains‘. For computing capital gains, the immovable R
Finance Minister has opted to offer a small concession on income tax front. However, he has also capped the benefit on income from house property.
While the real estate fraternity has largely welcomed the announcements in the Union Budget 2017-18, certain sections in this sector, apart from the affordable housing segment, as well as buyers, are still trying to R
“We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits,” finance minister Arun Jaitley, announced in his R
Income tax laws mandate a minimum holding period, before an owner sells his/her residential house, to avail of tax benefits. Let us analyse the various provisions, under the Income Tax Act, to understand the R
Switching from one property investment to another, can be a crucial decision for investors. This situation may arise, when investors find a better opportunity for returns on investment in a property other than the R
When you make a gain on the sale of a house, you have to pay a tax on your gains. If three years have passed between the date of purchase and sale of the R
In the proposed housing policy, the Maharashtra government is seeking to digitise the process of issuing transferable development rights. If this isn't challenging enough, Devendra Fadnavis wants to convince Sebi to permit the trading of transferable development rights on stock exchanges, reports Alexander Mathew.
Financial advisor Arnav Pandya discusses the various implications on taxation based on the different types of buybacks. The Sebi had cleared the new buyback norms, which ensured 50 percent of earmarked funds for buyback is utilised by the company and 25 percent is kept in escrow account.
This article will explore the tax liability on the tax structure on real estate transactions.