19 May 2017
Dear Sir , I had Purchased Commercial Property on 15 Feb 2012.As per following Details
Agreement value :2950000 Stamp Duty Paid:184100 Registration Charges :30600 Broker Charges :67000 Meter Transfer Charges :2500 Society Transfer Charges :12500. Till Date Maintenance & Repairs :240693
Now i want to sell this commercial property @ 50,50,000/- in May 2017 Broker charges would be - 100000 Society Transfer Charges will be - 25000 Kindly help in Calculating the LTCG for this sale transaction and TDS if any need to be paid Can i save this LTCG tax by paying my home loan of other residential Flat
19 May 2017
Cost inflation Index is not out For financial year 2017 -18.
TDS 1℅ of consideration value Under section 194IA will have to be deducted and paid to revenue under challan.
CAclubindia
