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Querist : Anonymous

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Querist : Anonymous (Querist)
03 March 2014 Dear Sir
Need your help on another thing.
I’m planning to sell my flat and buy another one. Here are the financials involved. Please help me with the tax implications etc
Selling existing flat for 3 cr
I had registered it for 50 L in October 2005
There’s an outstanding loan of aprx 40 L on this flat
The new flat will cost me 1.75 cr
How much cheque/cash should we work with to avoid any tax issue?
Do suggest, based on which I will take the discussion forward

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 March 2014 Dear Sir
Need your help on another thing.
I’m planning to sell my flat and buy another one. Here are the financials involved. Please help me with the tax implications etc
Selling existing flat for 3 cr
I had registered it for 50 L in October 2005
There’s an outstanding loan of aprx 40 L on this flat
The new flat will cost me 1.75 cr
How much cheque/cash should we work with to avoid any tax issue?
Do suggest, based on which I will take the discussion forward


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