Dear All Purchasing property for investment purposes and selling it later at a higher price has become common practice. If you sell real estate for a profit, you will need to pay capital gains tax on the money. Suraj Nangia, Partner with inputs from Vasudha Arora contributed an article on Tax talk: Buying property to save LTCG for Financial Express.
Tax talk: Buying property to save LTCG- Suraj Nangia
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