Sale of house property
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 June 2017
Hi. Im 50yrs old. I own a house in ambathur chennai. Im residing there for more than 20yrs. My son need money to start a business. So i decided to sell my house and give him the money partly or fully. Vil i be taxed for selling my house.
Kindly suggest.
Thank you.
Kindly suggest.
Thank you.
CA Rashmi Gandhi
(Expert)
09 June 2017
Yes on selling your house tax will be charged. Consult to any nearby CA or contact me.
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