Curiosity price, stamp obligation to not be included within the base value for calculation of LTCG on properties: Income Secretary
Income Secretary Sanjay Malhotra on Wednesday mentioned that curiosity price and stamp obligation paid for buying immovable property won’t be added to the bottom value for calculation of long-term capital acquire. The Finances has proposed reworked long-term capital acquire taxation for immovable property at decrease price however with out indexation. “Beneath the prevailing mechanism, the … Read more