|
|
| *Ostroff, Fair and Company>>>India Taxes |
What is the long term capital gain on purchasing land in india.? |
What is the long term capital gain on purchasing land in india.? Long term capital gain arises when land is sold for profit. Difference between cost of acquasition and sales considearion is taken as long term capital gain. One has to take into account cost of indexation into account. Source(s): I am a Chartered Accountant It depends on how much it appreciates. It depends on the locality where you are purchasing the land, in some places the value of land appreciates very much in a short period and in some places it depreciates... You have to be really in touch with th real estate market to venture out, unless you have good sources to guide you , you may end up losing money... Contact a very good real estate agent through references of friends, relatives and consult a lot of people before you buy any property here.... |
| Tags |
| United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes India Taxes Germany Taxes Canada Taxes Australia Taxes Small Business |
Finance Categories--Copyright/IP Policy--Contact Webmaster |