Income tax rules are different for selling under-construction property vs fully constructed house

Have you recently sold or are planning to sell an under-construction property? If yes, then ensure that you know the income tax laws on capital gains correctly. The income tax laws are different on under-construction property and fully constructed house. Read on to know to calculate capital gains on selling of under-construction property, income tax rate at which tax will be payable on such capital gains.

from Tax-Wealth-Economic Times https://ift.tt/0qWgj26