Paying Taxes Can Tax The Best Of Us: Difference between revisions
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Revision as of 14:29, 9 October 2026
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The assessment u/s 153C should be completed with twenty one months around the end from the financial year when the search was conducted like assessment u/s 153A. You can do even much better than the capital gains rate if, as opposed to selling, you just do a cash-out re-finance. The proceeds are tax-free! By period you estimate taxes and selling costs, you could come out better by re-financing with additional cash within your pocket than if you sold it outright, plus you still own the property and still benefit with all the income on it!
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