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60 white 20 black


JANASENA

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19 minutes ago, JANASENA said:

Seller 60L white lo 20 L black lo aduthunnadu. Is this common in india? 

Yeah, common practice. 

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3 hours ago, perugu_vada said:

Uncle US lo settle autha anukunte don’t invest in India uncle .. ah money theskuravatam kashtam .. e conversions k pothay chala varaku

Correct...! or else  buy gold with the money after paying capital gains tax & take it US. But again, there is customs duty. 

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8 hours ago, perugu_vada said:

Uncle US lo settle autha anukunte don’t invest in India uncle .. ah money theskuravatam kashtam .. e conversions k pothay chala varaku

nee lekka villa lu konedi etta yoghurt donut uncle. @VictoryTDP chusava competition ki ostam ani manalni side chestundu. 

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53 minutes ago, lollilolli2020 said:

nee lekka villa lu konedi etta yoghurt donut uncle. @VictoryTDP chusava competition ki ostam ani manalni side chestundu. 

True that bro 

Austin ni Kabja cheshtunna bada babu evaru ani tv9 snakevalli  tho program run cheyinchali 

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9 hours ago, JANASENA said:

Seller 60L white lo 20 L black lo aduthunnadu. Is this common in india? 

Normally ulta untadi .. 1 corre property konte andulo 25 L white test all black untadi india lo …. 

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12 hours ago, JANASENA said:

Seller 60L white lo 20 L black lo aduthunnadu. Is this common in india? 

There is no particular standard for white or black amount distribution when selling properties.

The official registration amount is the base amount assessed by the state govt and the sale registration should be the same amount or higher the base price amount.

neeku inka ardham avvali antee .. you should find out your land value in sub registration office by providing them your land details.

say for example- 

1. Plot/ land - Registration value is 10 lakhs - market sale value you want to sell  is Rs 50 lakhs.

so technically - only 10 lakhs is the official white amount being registered and Rs40 lakhs is black/unofficial amount.

so, the seller pays 22% capital gains tax and 1% TDS only for 10 lakhs and should report this in your India yearly tax filing.

if the seller takes more white/official amount he will pay more in capital gain tax and also more income tax based on their yearly income for that year.

so it’s not advisable for the seller to take more white amount… instead the seller should demand for unofficial amount which is (the differential amount between registration price and market value).

 

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