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Last seen 07 Sep, 2016
25 Aug, 2016 Commented Hi Mr. Bose, We are exploring interesting opportunities in commercial real estate. Please subscribe to our newsletter, so we can keep you posted about any new developments in this matter. Thank you for your interest in SmartOwner.
08 Jun, 2016 Answered Selling Property in Bangalore
10 May, 2016 Commented Mohiuddin, People living outside India may participate in India's real estate opportunity in one of two ways: (a) if they are non-resident Indians or persons of Indian origin, then they can directly buy residential or commercial property in India. (b) if they are foreigners who are not of Indian origin, then they will have to invest in Indian developments through the FDI route or by purchasing listed NCDs backed by Indian real estate.
29 Apr, 2016 Answered Real Estate
16 Mar, 2016 Commented Jayakumar, most DTAAs (double tax avoidance agreements) between countries provide that profit from transacting in real estate will be taxable in the jurisdiction in which the property is located. The DTAA between India and the U.S. is no exception to this prevailing custom. Therefore, you will need to pay the full 30% tax in India but you should be able to claim a credit in the U.S. for your Indian taxes paid, resulting in a total tax that is the higher of the two rates.
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1 3 days ago 1 answers