Srikanth Lingala
Budget: ₹750 – ₹1,250 INR
Hello
I am an NRI staying in Qatar. I need an advise on how to save tax while selling the inherited property (received as the plot as a gift deed from father later i built 4 flours building)
Here the buyer is from Dubai and ready to pay 50% money in Qatar bank locally. Remaining he will pay in indian bank (Domestic/NRO account)
I'm i eligible to pay tax in this case ? If yes, how to save it ? I will be using this amount to re-pay another home loan (taken 3 months back) and invest in farm land or another real estate project.
property is in Hyderabad,
111 Square yards
G+4 floors with a pent house (around 5000 sft)
sale consideration: 2.4 CR
Kind Regards
[Removed by Freelancer.com]
I am an NRI staying in Qatar. I need an advise on how to save tax while selling the inherited property (received as the plot as a gift deed from father later i built 4 flours building)
Here the buyer is from Dubai and ready to pay 50% money in Qatar bank locally. Remaining he will pay in indian bank (Domestic/NRO account)
I'm i eligible to pay tax in this case ? If yes, how to save it ? I will be using this amount to re-pay another home loan (taken 3 months back) and invest in farm land or another real estate project.
property is in Hyderabad,
111 Square yards
G+4 floors with a pent house (around 5000 sft)
sale consideration: 2.4 CR
Kind Regards
[Removed by Freelancer.com]
Related categories:
Tax Management Consulting