Hi All,
I am buying an apartment in bangalore.Mine is 1148 Sq Ft super built up area as i went through my cost breakup sheet i am getting some doubts in tax related issues.Can any one help me in clearing my confusion.
For example:
Super built up area: 1148(sq ft)*3750=4305000.00
Car parking=200000.
Cost of Property:=4305000+200000=4505000.00
KPTCL/BWSSB deposites=1148(sq ft)*165(rupees)=189420.00.
K.Sales Tax=4505000(rupees)*5%=225250.00.
Service Tax:=4505000(rupees)*(25%*12.36%)=139204.00.
Stamp Duty:=2159000*5.60%=120904.00
Regestration fee:=2159000*1%=21590.
I would like to know whether the % of charges they are charging is actual price.
Regards
Amol