Hello! My father inherited agricultural land from his father and built a house while in the village , absent from the farm land and now he has passed absent but have mother and want to sell the agricultural lands and have funds repatriated to U.
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When a property is offered soon after holding it for much more than two many years, the gains arising from these types of property will be taken care of as LTCG.
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They even went on to declare that AI saves them two hours a day on administrative duties. That’s an enormous chunk of time, given that sales pros only shell out about two several hours each day in fact selling.
This new house property need to be located in India and should not be marketed within just three many years of its purchase or construction.
Due to this fact, these goods are no more offered, and we have been closing the accounts in accordance While using the merchandise conditions get more info and terms.
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At time of selling will I be permitted to repatriate all sale proceeds considerably less TDS or merely the dollar sum equal of Preliminary purchase amount. Will the gains from sale are permitted to repatriate or not? Kindly clarify. Thanks beforehand.
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