Tax on property purchase more than 50lac
This query is : Resolved
17 June 2022
Can someone suggest the taxes and process when person buys property more than 50 lacs
18 June 2022
No taxes payable on buying the property.
Ensure you have source of income for buying the property and regularly filing income tax return if you have taxable income.
Ensure you have source of income for buying the property and regularly filing income tax return if you have taxable income.
09 July 2022
Here, you need to deduct 1% TDS on the sale consideration from the payment made to seller.
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