As per my understanding, you might have to pay taxes if you sell a portion of your property. However, your tax amount will vary depending on a number of variables, including how long you owned the property, how much money you made when you sold it, and your tax bracket. In general, you must pay short-term capital gains tax on the profit you made if you've owned the asset for less than a year. It is best to seek the advice of a
NoBroker legal expertwho can give you perfect suggestions on this.
Buy the properties on NoBroker without any brokerage.Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
I want my part of the property to be sold. Do I need to pay tax and registration for the complete property value?
Madhu
53 Views
1 Answers
1 Year
2023-06-23T09:30:19+00:00 2023-06-26T17:34:33+00:00Comment
Share