I have a only plot of 167 sq. yards in Andhra Pradesh, India. Please suggest if this property comes under wealth tax scope? I was purchased the aforesaid plot ten years ago. Please suggest. Thank you
Asked on 11/27/12, 9:52 pm
1 Answer from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
No,but if you sell it capital gains tax might attract.
Answered on 12/22/12, 2:21 am
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