| Author | Message | ||
     Blundersucks Junior Artist Username: Blundersucks Post Number: 756 Registered: 02-2013 Posted From: 49.205.78.3 Rating: N/A |
Capital Gain Tax untundi.. ee desa charitra choosina emunnadi garva karanam, Nara jaathi charitra samstam , parapeedana parayanatvaM | ||
| Wellsfargo Comedian Username: Wellsfargo Post Number: 1029 Registered: 06-2012 Posted From: 122.169.148.244 Rating: N/A |
It is same for everyone. NRI aithe neeku double bonanza. US lo taxes kattali. | ||
| Benkal Junior Artist Username: Benkal Post Number: 387 Registered: 02-2012 Posted From: 72.189.138.3 Rating: N/A |
Here the case belongs to NRI. Reinvestment helps for Indians to avoid tax. Is it applicable to NRI also? | ||
| Wellsfargo Comedian Username: Wellsfargo Post Number: 1024 Registered: 06-2012 Posted From: 122.169.148.244 Rating: N/A |
Little more complicated than this. check into this. http://www.dnaindia.com/money/comment-to-avoid-tax-reinvest- sale-proceeds-of-house-in-a-new-house-1491260 | ||
| Wellsfargo Comedian Username: Wellsfargo Post Number: 1023 Registered: 06-2012 Posted From: 122.169.148.244 Rating: N/A |
You have to pay on 11 lahs and not 1 lakh. | ||
| Benkal Junior Artist Username: Benkal Post Number: 386 Registered: 02-2012 Posted From: 72.189.138.3 Rating: N/A |
Very good logic. Any answer please? | ||
| Chillarodu Side Hero Username: Chillarodu Post Number: 5479 Registered: 03-2008 Posted From: 74.94.165.210 Rating: N/A |
Is this true? Let's say 1. I bought a property for 10 lakhs 2. I sold this property for 20 lakhs. Technically I have to pay tax for 10 lakhs But as you said, if I invest that 20 lakhs in buying another property. after 1 year I sell that property for 21 lakhs Then if I wanted to get that money back, do I only need to pay tax on my 1 lakh profit? What happens to my previous profit? | ||
| Man_of_masses Megastar Username: Man_of_masses Post Number: 25512 Registered: 01-2008 Posted From: 68.36.140.201 Rating: N/A |
then, don't worry ... Success Doesn't Guarantee Happiness.. http://i42.tinypic.com/54g1g2.png | ||
| Rajusk Legend Username: Rajusk Post Number: 30277 Registered: 02-2008 Posted From: 24.185.6.172 Rating: N/A |
If you invest the money within 3 years of selling..you will not have to pay Capital Gains tax. | ||
| Benkal Junior Artist Username: Benkal Post Number: 385 Registered: 02-2012 Posted From: 72.189.138.3 Rating: N/A |
No, will reinvest there only. | ||
| Man_of_masses Megastar Username: Man_of_masses Post Number: 25511 Registered: 01-2008 Posted From: 68.36.140.201 Rating: N/A |
ade aite, tax kattalsinde  Success Doesn't Guarantee Happiness.. http://i42.tinypic.com/54g1g2.png | ||
| Rajusk Legend Username: Rajusk Post Number: 30276 Registered: 02-2008 Posted From: 24.185.6.172 Rating: N/A |
ayana quechen vomerica ki money tevadam gurinchi anukonta.. | ||
| Man_of_masses Megastar Username: Man_of_masses Post Number: 25510 Registered: 01-2008 Posted From: 68.36.140.201 Rating: N/A |
yes, but ammagaa vachina money tho malli edaina property konte avasaram ledu Success Doesn't Guarantee Happiness.. http://i42.tinypic.com/54g1g2.png | ||
| Benkal Junior Artist Username: Benkal Post Number: 384 Registered: 02-2012 Posted From: 72.189.138.3 Rating: N/A |
Guys, anybody has experience of selling property in Hyderabad as NRI? Is it true that we need to pay income tax of 20%? |
