How to Save Tax on Sale of Real Estate Property in Tamil | Part -2 | IndianMoney Tamil | Sana Ram

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How to Save Tax on Sale of Real Estate Property in Tamil

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Part -2 Link:
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How to save lots of tax on the sale of actual property property?

This is the second video on ‘How to save tax on the sale of real estate property’ created by the IndianMoney.comexperts. In this specific video, the speaker has defined the method of computing the capital achieve and narrated the idea of listed price of the property.

The system to compute the capital achieve is:
Capital Gain = Sale consideration – acquisition price – price of enchancment.

What is sale consideration?
Sale consideration is an settlement worth cited on the time of registration of the property minus the permissible promoting overheads (advocate charges, stamp responsibility prices, travelling overheads and brokerage).

As rightly described by the speaker, the listed price is an inflation-adjusted acquisition price. The listed price of acquisition could also be computed by utilizing the fee inflation index chart or CII chart.

The system to calculate inflation-adjusted price value is:
(CII of the yr of sale/CII for the yr of buy) * Actual price value.

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Real Estate