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Thursday, November 12, 2020

Buy home at 20% below circle rate

It is now possible to buy a residential unit from a developer at 20% lower than the value arrived at according to the circle rate — also known as the ready reckoner rate of the area — without attracting penal income tax. The developer will also not attract income tax for such a deal.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35sf2HP

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