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- Is this UC or registered property- if UC then u will hv to pay 20% tax on gains over buy price if taken in cheque. if cash, no taxCommentQuote0Flag
- HI Munish,
Thanks so much for your reply. The construction is complete and as of now registry is in progress. Assuming that registration is complete and then I sell, for any preimum received in cheque, please suggest if tax needs to be paid?
My plan is to reinvest this money asap into another property as I am planning to diversy my propertiesCommentQuote0Flag