Help regarding selling property

I had purchaseda 2 BHK flat in kalamboli navi mumbai in August 2012.Now I wish to sell this flat.

I want to know what are the taxes i have to pay and Is it ok to sell before 3 years?

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2 Replies

adv. rajeev ( rajoo ) (practicing advocate) 28 June 2014

Any how you will have to pay the capital gain tax.

S Jadhav 98336 98330 (Jadhav & Associates) 29 June 2014

you can sell the flat whenever you want. Take help of a local lawyer/broker. Your tax, etc, will depend on many factor such as your income, the value of the property (e.g. if the property is valued at more than Rs.50 Lakhs, you may have to cut TDS and deposit with the government immediately), etc.

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