#property property tax

Read more about the article Understanding Section 50C of the Income Tax Act: A Comprehensive Guide to Full Value of Consideration in Property Transactions

Understanding Section 50C of the Income Tax Act: A Comprehensive Guide to Full Value of Consideration in Property Transactions

When it comes to real estate transactions, the determination of capital gains is a crucial aspect for both the buyer and the seller. Section 50C of the Income Tax Act,…

Continue ReadingUnderstanding Section 50C of the Income Tax Act: A Comprehensive Guide to Full Value of Consideration in Property Transactions
Read more about the article Understanding the Cost of Acquisition Under Section 49(7) of the Income Tax Act: A Detailed Guide

Understanding the Cost of Acquisition Under Section 49(7) of the Income Tax Act: A Detailed Guide

When dealing with real estate transactions, particularly those involving Joint Development Agreements (JDA), understanding the cost of acquisition under Section 49(7) of the Income Tax Act is crucial. This provision…

Continue ReadingUnderstanding the Cost of Acquisition Under Section 49(7) of the Income Tax Act: A Detailed Guide