Tag Archives: Buying and Selling of Immovable Property

The purchase and sale of immovable property in India is subject to Tax Deduction at Source (popularly known as TDS) provisions under Income Tax Act. The buyer of the property is required to deduct tax (TDS) from the consideration payable to the seller. How much TDS is to be done? …

Stamp duty and registration fee is one of the revenue generating machines of state governments! One has to pay fee for registering any document, be it marriage, company, property or birth or death! Most of us are not aware about the quantum of money to be paid towards registration. This …

Good news for property buyers! Ask anyone what is missing in real estate sector now. The immediate answer will be ‘accountability and transparency’, isn’t it? What is promised is not delivered, the promised completion dates are not kept up, the measurement of area is not clear (super built, carpet or …

  I have posted several articles about property matters. This article is about practical issues faced by buyers/sellers. I have compiled seven issues here. Hope this helps.   Sale Value Vs Guidance Value – Normally, the sale value is more than the guidance value notified by the Government! If the …