Opening a company for Buy-to-let business in India

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  1. alokbhatt1852

    alokbhatt1852 New Member

    Hello I want to open a company that buys residential properties and gives them out for rent.
    Can you please let me know what will be the tax implications that I would need to consider for this business?
    What is a better alternative:
    1. Buying property directly in the name of the company
    2. Buying property in my own name to avail income tax benefit(I am in 30% tax bracket) and then 4-5 years later transfer it in the name of the company.

    There are various queries that I have on this topic and would elaborate as the discussion progresses.

    Thanks for your help.
     
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