Taxation

Property checks for taxation before filing your returns

Property checks for taxation before filing your returns

The financial year is almost coming to a close and you would be busy making your investments for tax saving purposes. Here, we present before you a set of 10 property checks for taxation that you should be watchful of while filing your returns. Principal paid on Housing Loan repayment The Government of India encourages…Read More→

Read more

Tax Deducted at Source on Real Estate Transactions

Tax Deducted at Source on Real Estate Transactions

Have you got the details of Tax Deducted at Source on the real estate transactions? If not, read on…… Government is well aware of the fact that TDS is a sure way of getting revenue to the government exchequer at the earliest occasion of a transaction. That is why after section 194-1 of Income tax…Read More→

Read more

How to Save Capital Gains Tax on Sale of Property

How to Save Capital Gains Tax on Sale of Property

Do you want to minimize the tax liability on your real estate transaction? If so, this article is for you. We will be going in detail about how you can save capital gains tax that arise from sale of property. Some people think that tax liability is a hard nut in real estate investments. But…Read More→

Read more

The Beginner’s Guide to Capital Gains Tax + Infographic

The Beginner's Guide to Capital Gains Tax + Infographic

Investment in real estate is an almost sure way of making money!! Property is an asset which almost always appreciates. It is now an important part of an investor’s portfolio. As a matter of fact, buying property for investment and disposing it of later at a higher price has, no doubt, become very common among…Read More→

Read more

Purchasing Property from NRI – Expert Tips

Purchasing Property from NRI - Expert Tips

Are you planning to buy a property from NRI? While purchasing a property from Non-Resident Indian, the rules are different. In such cases, tax has to be deducted before making the payment to the seller which is commonly referred to as TDS (tax deducted at source). It is section 195 of Income tax act, 1961…Read More→

Read more

Buying Property? Deduct TDS – above Rs. 50 Lakhs!

Buying Property? Deduct TDS - above Rs. 50 Lakhs!

A new section has been introduced in Indian Income Tax Act with effect from June 1st 2013 regarding the deduction of Income Tax at source with respect to purchase of immovable property. The new section deals with situations that involve The purchase of immovable property  Sale value is more than Rs. 50 lakhs Money is…Read More→

Read more

TDS on Buying Property

TDS on Buying Property

Any transfer of an immovable property will now invite a tax deduction at source of one per cent on the value of the transfer if it is Rs. 50 lakh or more, according to the provisions of the Union Budget 2013, which has come into force with effect from June 1, 2013. Cess and surcharge…Read More→

Read more

Location Map

Get in Touch

Transform Property Consulting E1, FACT Nagar, Thripunithura, Kochi 682301
+91 8139 800 800
Website: http://transformproperty.co.in
Email: hello@transformproperty.co.in

Facebook

Get the Facebook Likebox Slider Pro for WordPress