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Every year, Income Tax department notifies Cost Inflation Index.

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How much stamp duty do I have to pay as Tht time there were no rules as such.Is there any ceiling on developmental(improvement) charges to consider for cost of improvement of capital asset or actuals incurred can be taken for the purpose.Now I have paid off the loan and total interest I paid is Rs 5,76,650.I booked and payed 100% (40L) amount to builder in 2007 for my flat and after construction he gave possession of the said flat in 2012.However, if the buyer is an individual, what is the proof that the buyer can give me on the 1% TDS deducted on the amount.Now a builder is offering to build flats as joint developmenmt.

I bought a property in India and nearly full advance was paid in 2005.

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I wanntd to know that as I have purchased the flat in the year 1991.I invested the entire sale proceeds of an apartment(A) on a villa under construction( B) in 2013. ( this included long term capital gains of about 40 lakhs.) Agreement to sell and construction agreements of B were dated July 2013.Latest real-time Bats price quote, charts, technicals and opinions.Recently in the current month I sold the flat at a sales consideration of Rs.22.00 lakh. What will be my capital gain and how much amount of tax I have to pay.Bloomberg Anywhere Remote Login Software Updates Manage Contracts and Orders.

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Get the latest gold price for June 2011 (COMEX) as well as the lastest prices for other major commodities at NASDAQ.com.I need a help in calculating purchase value to estimate long term capital gain in the case of building a house in a purchased plot.It measures how quickly foods breakdown into sugar in your bloodstream.So now I am planning to sell it for 1.5cr INR. What will be the capital gain.Once the indexed cost is determined, reduce it from sale amount.SPX advanced stock charts: view historical SPX data and compare to other stocks and exchanges.To claim the tax benefit, you can invest the capital gain in either residential property or invest in capital gain bond (upto rs 50 lakh).If you have any queries related to this article or any other personal finance query ( Investment, Taxation etc), please comment below.

I think if you pay the home loan from the amount of capital gain, you can claim the benefit as it should be treated as your Investment in House property.Now we want to sell the property and I want to take the proceeds from the sale abroad as I am an NRI But my brother is in India.As per Bank officer I cannot do so because full EMI is not paid this FY.

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The payment of balance installments, identification of a particular flat and delivery of possession are consequential acts, that relate back to and arise from the rights conferred by the allotment letter.

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Open 183.7014 Day Range 183.0989 - 184.2416 Previous Close 184.0516 52Wk Range 166.4818 - 196.3641 1 Yr Return 1.40% YTD Return -4.37% Market News There are currently no news stories for this ticker.C) by which month do I need to put money in cg account if I dont intend to buy property.

Dear Vivek my father gifted me a residential property which as per 1981 valuation is for 4.93 lacs. I sold the same in second week of March 2015.for 225.8 lacs. I am buying 2 houses for 90 lacs and 67.5 lacs while calculating ltcg 1) can I get the benefit of both the houses 2) will it be total amount spent Iin buying 1 or 2 houses or the% of total sales value.The first issue is when I save the draft, the saved draft does not open and has no data. and the second issue is relating to claiming balance allowance (tax free income) while I have only long term capital gain.Will get possession of second flat in April 2015 (FY 2015-16).Then you need to calculate the capital gains tax and then it can be split within you and siblings.Disclaimer - The articles on this website is for informational and knowledge purposes and should not be treated as financial advice, Please consult your financial advisor before taking any investment decision.You can claim capital gain deduction for investing in residential property.If the plot is solely in the name of your mother, she will be liable for capital gains tax and need to file the returns.Any capital gain from the sale of property shoudl be added as Income in your Income tax return.

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There is no problem in selling at price higher than circle rate.After Booking ready-to-occupy flat in Dec. 2014, its registration is done in Feb 2015.You need to take amount mentioned in the deed (you cannot include cash payment done).

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Now, I am purchasing ready-to-move flat (in city C) which costs more than 50 lakhs, will do registration, home loan processing and take possession before the end of FY 2014-15.

Now, each of them have a different range of values and comparing all of them in same chart can be very confusing.By seeing the interest will be accrued for these both flats I want to take benefit of interest repayment for both the rented flats.Please suggest how I can optimize my savings after paying the LTCG tax.Once you get that, you can calculate the capital gain using the index above.Buyer can also buy a house 1 year prior to selling the house and still can avail the benefit under section 54.

This land has completion certificate that means two temporary rooms have been built and certificate has been issued by Noida Authority.Most likely the LTCG will be applicable in the year of giving final possession.She died intestate leaving my younger sister and me as her only surviving legal heirs.Hi Rajeev, If the property is registered as Land and not the residential house, then I think you cannot claim the benefit.My father expired on 1997 and there was no will made by him on the property.Dear Mr Roa, Apologies. somehow your comment was missed as it was flagged by system automatically under different folder.