by GoofyMuffinStudent
WigglyRaccoon
Save taxes on Selling a property!
Hello Finance experts!!
I need advice on how can I save money on taxes while selling a property.
I want to sell a property and invest it in another property near my family so it’s easy for me to handle the property.
Example scenario. The flat I want to purchase is 50L and the property I am selling is 40L. What do I do in terms of Loans and the cash at hand to save the most??
Thanks in Advance
10mo ago
SparklyPanda
EY10mo
It's for investment in house property by selling one. There are t&c. Pls check and consult a CA if not sure
WigglyRaccoon
Wells Fargo10mo
Thanks
SparklyPanda
EY10mo
Sec 54 pls check
WigglyRaccoon
Wells Fargo10mo
Will check, thanks for the reply!!
Could you just give me a brief one liner.
I did research before asking but couldn’t find anything significant.
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