Asset in personal name or company name

Tax planning 625 views 2 replies

From the point of view of all aspects eg. capital gains tax, registration fees etc. is it better to buy residential property in the name of private limited company or individual?

Replies (2)

suppose if buy property inthe name of company means  ucannot claim the capital gains, if u buypropery u can in the name of individual and ucan let property on rental for your company, and can collect rental income from your company and expenses rent paid to landowner. so it is better to buy a property on individual name.

Dear Anita

 

If you are about to exemption from capital gain than benefits for Corporate and Individual are as Foliow...

 

For Individual

Exemption - U/s 54    (Individual, HUF)

                   U/s 54B   (Individual)

                   U/s 54EC (Any Person) (only if Investment made in NHAI or REC upto 50 Lac)

                   U/s 54F   (Individual, HUF)

 

For Corpoarate Assessee

 

Exemption

             - U/s  54EC (only if Investment made in NHAI or REC upto 50 Lac)        


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