Legal Question in Real Estate Law in India

Hello,

I sold an apartment last year in gurgaon and paid estimated tax of Rs 60,000. Now, as per new cost index, there is no gain or loss so I can get Rs 60,000.00 back. How to go about getting Rs 60,000.00 back and what is normally CA fees for this?

Thanks


Asked on 6/19/13, 5:11 am

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

19.06.2013

Dear Sir / Madam,

On the sale of a property, you are exempt from Capital Gains tax if you invest the gains in specified securities. If there is no gain or loss on the sale of your apartment and if you have paid Capital Gains tax, you should apply for a refund to the Income Tax authorities.

Regards,

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Answered on 6/19/13, 5:17 am
uttam Tibrewal

dear client...

for details mail me at [email protected]

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Answered on 6/19/13, 9:43 am


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