Real Estate Tax
Latest news, explainers and analysis on Real Estate Tax. Tracking 3 stories on Arth Vani.
Connected in the graph
Latest on Real Estate Tax
BreakingAdding Family to Property Titles: Tax and Legal Risks You Must Know
Adding a family member to a property title without a clear financial trail can trigger Benami law violations or unexpected tax liabilities. Experts advise defining the transaction as a gift, loan, or co-ownership before finalizing the purchase to avoid legal disputes.
BreakingInherited Property Sale: How to Calculate Capital Gains Tax and Save on Payments
Selling an inherited property in India triggers capital gains tax based on the original owner's purchase price and holding period. While the inheritance itself is tax-free, sellers can use indexation benefits and specific exemptions under Sections 54 and 54EC to reduce their tax liability.
BreakingProperty Sellers: Recalculate Advance Tax After New Cost Inflation Index Release
Individuals who sold property acquired before July 23, 2024, must re-evaluate their tax liabilities following the delayed notification of the Cost Inflation Index (CII). Failure to adjust advance tax payments in upcoming installments could lead to interest penalties under Income Tax rules.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.