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wealth tax |
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I currently own an apartment costing about 75 lakhs in Bangalore. and I am staying in the apartment witth my family. I wish to buy another apartment for about 75 lakhs (payment to be made over the 4 year period linked to construction) from a builder which will be ready in about 4 years time. I would like to know whether wealth tax is applicable on the second property. If the wealth Tax is applicable, Can I buy the new property in the name of my wife . Kindly advise Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
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