Results for #costs

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Answered on November 09, 2017
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  • You can transfer your share to your wife by executing a gift deed. Further as the property is being gifted to wife (relative), there will be no tax liability under section 56 of the Income Tax Act. However stamp duty and registration charges needs to be paid in this case. If the gift deed is executed, any payment of rent received by your wife in respect of the said property will be clubbed in...
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    Answered on November 09, 2017
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  • Buying a flat In under construction building will attract payment of GST whereas it is not applicale for a completed building having Occupation/Completion Certificate issued by approval authority

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    Answered on November 09, 2017
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  • Yes, solar panels will certainly be cost effective in comparison to energy used from Power suppliers, because it uses natural resource of sunlight. (Similar to using of bore well water is economical than municipal supplied water.). However, as per present technology we need very large surfaces to mount solar panels facing direct sunlight.