Why are sale and property taxes regressive taxes?

What are the taxes to be paid on sale of settlement deed property in india?

  • A person who is abroad gave his property to his mother as a settlement deed.She wants to sell that property. Any tax to be paid after sale in india?

  • Answer:

    After indexed cost reduction the same is subject to tax under the head capital gain. In this cost is in the hands of previous owner from whom she has received under settlement

EPKFNEA3OYV7VCQVROP7QTNOM4 at Yahoo! Answers Visit the source

Was this solution helpful to you?

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.