Urgent Information Needed. Please Guide

[former]

On 11/9/2023 at 9:09 PM, andhracrazystar said:

Hello All,

I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ?  Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? 

 Serious replies only please. That is my hard earned money and don’t want to take wrong steps.

Thanks much in advance 🙏🙏🙏. 

Buy another property and no need to pay taxes I guess.

[vithanda_vadhi]

40 Lacs is profit or total amount you received? Is it white or black? How much each type.

When did you buy the plot and what was the amount paid in white?

Gold oka option. Cash tisukoni gold amme shop chesukoni gold konukovachu. 2, 3 trips lo techukovachu. You can convert to cash here.

 

[andhracrazystar]

5 hours ago, vithanda_vadhi said:

40 Lacs is profit or total amount you received? Is it white or black? How much each type.

When did you buy the plot and what was the amount paid in white?

Gold oka option. Cash tisukoni gold amme shop chesukoni gold konukovachu. 2, 3 trips lo techukovachu. You can convert to cash here.

 

40 is the total sale value. 26 white, 14 black. Sure gold isa good option.🙏