Buy home below circle rate without tax burden – Sandeep Jhunjhunwala

On November12, the Finance Minister announced some income-tax relief for home developers and buyers. The differential between the circle rate and agreement value to sidestep tax under section 43CA and Section 56 (2) (X) of Income –Tax Act was increased from 10 per cent to 20 per cent.

· Sandeep Jhunjhunwala, Partner shares insights on a story titled “buy home below circle rate without tax burden” for The Hindu Business line.