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How to save on T@X from property sale


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Posted

Sold property in Vij@yaw@da for 2.5C , The person who bought gave it all in white bank checks. 

If I need to bring the money here I need to pay tax. If I buy another property I will save some tax money ? 

I dont wanna bring them here now , how to save on p@ying T@x ? 

Posted
1 minute ago, FLraja said:

Registration lo entha rastey antaki tax kattey

That is correct , since we will deposit those check in our bank account we need to be accountable for that money also kada ? 
And I am not sure how this deal was made its a joint property between our family , so just asking here. 
Later this week we might consult an auditor 

Posted
14 minutes ago, GelakoduKri said:

Sold property in Vij@yaw@da for 2.5C , The person who bought gave it all in white bank checks. 

If I need to bring the money here I need to pay tax. If I buy another property I will save some tax money ? 

I dont wanna bring them here now , how to save on p@ying T@x ? 

india lo white money ichina mahanubhavudu evaru bro..

  • Upvote 1
Posted
2 minutes ago, gudboy said:

india lo white money ichina mahanubhavudu evaru bro..

Ee madya istunnaru... TDS cut avutundi.. so kachitam ga white amount ki koni ITR cheyistunnaru..

Posted
28 minutes ago, idibezwada said:

if you reinvest in the next 2 yrs, the amount will not be taxed

idibezwada Thank you 

Posted
38 minutes ago, idibezwada said:

if you reinvest in the next 2 yrs, the amount will not be taxed

First time vintunanu.. Thanks for the information ... CleverHatefulHypacrosaurus-max-1mb.gif

Posted
50 minutes ago, idibezwada said:

if you reinvest in the next 2 yrs, the amount will not be taxed

Re-invest in India?

Posted
1 hour ago, godfather03 said:

Re-invest in India?

Yes..  capital gains account lo deposit cheyali property dorike varaku.. 2 years lo malli invest cheyali 

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