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Amar Shah

Amar Shah

Amar co-founded Golden Abodes with Gaurav in 2010. He is responsible for crafting path breaking marketing strategy and had been instrumental in rolling out successful online and offline marketing campaigns for leading real estate brands in the country.

Prior to starting GA, Amar was heading 'Residential project marketing' team at Knight Frank India. After graduating from Pune University, Amar went on to pursue his MBA from NMIMS, Mumbai. He had been a keen investor in this industry for last 8 yrs.
 

Other/latest questions on real-estate

Yes, as per section 195 of the Income-tax Act when any payment is to be made to a non resident, the payer has to deduct tax at source. This is mandatory. Therefore, when your tenant pays you rent, he will have to deduct tax @ 30% from your rental income. You will then need to calculate your taxable income (after taking into consideration any other income ... read more
Answered by NRIMatters Team
The new section is applicable only when a payment is made by any person to a resident. Thus in case the NRI purchases property from a resident in India, the new rule of TDS @1 % will be applicable. However, if a resident purchases an immovable property from a non resident, the new section would not be applicable (although section 195 which is already ... read more
Answered by NRIMatters Team
We are a bit unclear on what your question is.

If the query is whether there is any tax liability arising on your
purchase of the agricultural land, then the reply is that there is no
tax liability on
Answered by Amar Shah
Kotak Investment Bulletin