Knowledge Base
6 Essential Things Related to TDS on Property Sales
The buyer of Immovable property (Ready to move or under construction) of Rs 50 lakhs or more has to pay the 1% TDS as a tax to the government of India. The government of India has made mandatory TDS deduction for the buyer if the immovable property is of INR RS 50 lakh or more. The buyer can cut TDS by 1% of the total deal value of the property before paying the property price to the seller. Later...
10 Documents to Check Before Buying The Property
For a property buyer (residential or commercial) it is necessary to understand the all legal ownership documents. There are two types of property transactions in India: Direct allotment and resale property. There are two types of property resale (1) Resale of the under-construction flat / plot/house/floor/shop/office space. (2) Resale of the ready to move in flat / plot/house/floor/shop/office spa...
10 Necessary Documents Required for Property Registration
Property buying is a major step in life. For our readers, knowledge/requirement here we come up with a list of necessary Documents required at the time of property registration. All original Documents of Property, like Allotment letter, registry papers complete chain. Agreement to Sell. Proof of payments, like Photocopy of Cheque or bank statement. NOC from RWA. NO Dues certificate from Bank, ...
