Properties22

Question by Advit S: Details on long term capital gain on property in india? Hi – i know that the long term capital gain on property in India is after 3 years. Is this 3 years from the time of registration or from the time of sale deed / booking of the property? Selling a property after 3 years would result in long term capital gain on property. The question is whether the 3 year period starts from the time of registration or from the time of sale deed / booking of the property When does the 3 year period start? Sale deed or actual registation? Best answer: Answer by Shreya SSale of capital assets results in capital gains. A Capital asset is defined under section 2(14) of the I T Act as property of any kind held by an assessee such…. Click here to Read More

Question by Advit S: Details on long term capital gain on property in india? Hi – i know that the long term capital gain on property in India is after 3 years. Is this 3 years from the time of registration or from the time of sale deed / booking of the property? Selling a property after 3 years would result in long term capital gain on property. The question is whether the 3 year period starts from the time of registration or from the time of sale deed / booking of the property When does the 3 year period start? Sale deed or actual registation? Best answer: Answer by Shreya SSale of capital assets results in capital gains. A Capital asset is defined under section 2(14) of the I T Act as property of any kind held by an assessee such…. Click here to Read More

Question by ahelsel1: Do individuals of indian decent have to pay property tax in the state of New Jersey? Property tax question for indians in NJ Best answer: Answer by TimYes. Unless they are recognized members of a local tribe living on tribal lands. Add your own answer in the…. Click here to Read More

Question by Advit S: Details on long term capital gain on property in india? Hi – i know that the long term capital gain on property in India is after 3 years. Is this 3 years from the time of registration or from the time of sale deed / booking of the property? Selling a property after 3 years would result in long term capital gain on property. The question is whether the 3 year period starts from the time of registration or from the time of sale deed / booking of the property When does the 3 year period start? Sale deed or actual registation? Best answer: Answer by Shreya SSale of capital assets results in capital gains. A Capital asset is defined under section 2(14) of the I T Act as property of any kind held by an assessee such…. Click here to Read More

Question by Joe: I’ve heard that indian reservation land goes a lot higher price than other types of properties. Is this true? Best answer: Answer by acermillPerhaps and perhaps not. It all depends on whether or not the Native American tribe involved is interested in re-purchasing the lands on the reservation involved. Add your own answer in the…. Click here to Read More