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What is tax implication on lending land for construction?- Property Hotline
Posted
November 3, 2016
Views
188
Likes
2
Engagement
1.06%
November 3, 2016
188
2
1.06%
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2:23
4:51Now PlayingExpert: Vinay Singh, Tax and Legal Expert.
Question: I have a land in Vishakhapatam that I am planning to give for development. What are the tax implications applicable to me?
Answer: Capital Gains will arise when agreement is signed. Agreement will be coupled with possession. You should contact a tax lawyer and check all the documents.
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