income from sale of property

Share
Share This Thread
  1. Vidya Sawant

    Vidya Sawant New Member

    Can I invest income from sale of house in tenancy house ? Is it mandatory to invest in ownership house only ? Informatively. in my case first the tenancy agreement and then will get a house in redevelopment under ownership after paying registration/stamp duty charges.

    Pl guide.
     
  2. ZED

    ZED Well-Known Member

    Can you please explain the entire thing in more detail? I do not wish to make presumption.
     
    Vidya Sawant likes this.
  3. Vidya Sawant

    Vidya Sawant New Member


    Can I Buy a house under tenancy agreement from the proceeding of sale of ownership house ?
     
  4. ZED

    ZED Well-Known Member

    Kindly explain a bit about the new house you wish to acquire.

    Are you going to buy the house which is currently occupied by you on lease?
     
  5. Vidya Sawant

    Vidya Sawant New Member

    THe house I wish to buy is under tenancy agreement. The amount which i will pay towards buying of this house will be mentioned as premium in tenancy agreeement. My further question is that whether 10% TDS is applicable in this case or not ?
     
  6. ZED

    ZED Well-Known Member

    If its a case of tenancy then I don't think you are buying the house property .
    There could be some difference in our understanding, therefore, I request you to kindly send me the copy of the agreement. You may mail me the agreement.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Income Tax on sale of a house Income Tax Jul 17, 2018
Regarding sale of property and purchase of residential plot from the accrued income Income Tax Aug 20, 2017
Income tax TDS refund against sale of immovable property Income Tax Jun 26, 2017
Relating income tax on sale of agricultural land Income Tax Dec 7, 2016
tax on undisclosed income from sale of property Income Tax Nov 16, 2016