Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are incidental charges such as brokerage, registration fees, stamp duty and other charges arising out of sale of residential property deductable from profits arising out of the sale?

0
Posted

Are incidental charges such as brokerage, registration fees, stamp duty and other charges arising out of sale of residential property deductable from profits arising out of the sale?

0

These expenses are allowable expenses and can be deducted from the profits arising out of the sale.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.