Property Tax
Section 54 and 54F of the Income Tax Act: Capital Gain Exemption
Section 54 of the Income Tax Act Under section 54 of the Income Tax Act, it is stated that if the seller of a residential property gets another property from that amount he or she is liable to get benefits in capital gains tax. Therefore, when an assessee sells a residential property and purchases another […]
Ghaziabad Administration Identifies Fraud of Stamp Duty in Land Transactions
The Ghaziabad district administration has come up with malicious use of evading stamp duty in the buy and sale of residential land in urban villages or those with high potential of development in the district by paying lower circle rates set for agricultural land. On Friday, District Magistrate Ajay Shankar Pandey said that following the […]
