Buying land for church in tamilnadu

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accounts executive
222 Points Posted on 28 March 2024
dear experts,
if I want to buy a land from donation of church believers what are the things I should follow and also brief of how much tax should I pay for the same
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On 28 March 2024 at 21:19 Report
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This discussion addresses the process of purchasing land for a church in Tamil Nadu, specifically when donations from believers are involved. It seeks guidance on the necessary procedures to follow and the potential tax liabilities associated with such a transaction. The conversation also touches upon whether any tax benefits might be available to the assessee.

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Profession
28267 Points Posted on 29 March 2024
Whether the assesse can avail any benefit , that depends.
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On 29 March 2024 at 07:10
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accounts executive
222 Points Posted on 31 March 2024
No not at all
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On 31 March 2024 at 06:43

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