General Trading Chat

I need a clarification on taxation on property purchase.Please help me understand.
say Government value of the property is Rs10 lakhs and property is registered for 6lakhs using RTO document. And stamp duty has been paid for 10lakhs. Now in this case do we need to pay Income tax for the difference between government value and registered value ie 4 lakhs? Is that a rule? if so could you please show me the incometax rules link.
Could anyone please throw some light on this issue
 
Reliance,HDFC,ICICI Bank leading the nifty charge....

Smart_trade
 
Be careful when using Zerodha's Kite on mobile. NSE has received a lot of complaints. What happens if a trader loses money because of a technical error by Zerodha

https://www.quora.com/What-happens-...or-Fyers/answer/Divish-Saini-2?share=a0dbd546
Its not just zerodha. I am using Fyers and it is pretty much the same thing. I have had umpteen examples where stop limit- market orders were not executed but were executed when the price arrived back to that level
 

lemondew

Well-Known Member
Today IBs first quote came after 9:16 :). orders were executed well after 9:16 instead of at market opening

Be careful when using Zerodha's Kite on mobile. NSE has received a lot of complaints. What happens if a trader loses money because of a technical error by Zerodha

https://www.quora.com/What-happens-...or-Fyers/answer/Divish-Saini-2?share=a0dbd546
Its not just zerodha. I am using Fyers and it is pretty much the same thing. I have had umpteen examples where stop limit- market orders were not executed but were executed when the price arrived back to that level
 

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